Newswire June 7, 2023

Over 900 hospitals and inpatient organizations and 4,000 physician practices were represented in the sweeping series of financial management IT user polls, as formidable challenges are forcing providers to advance their technologies to maintain solvency.

TAMPA, Fla., June 7, 2023 (Newswire.com) – Inflation, medical revenue losses, staffing troubles, and the sluggish recovery of inpatient volumes are adding up to increased total health system expenses, upwards of 13% in Q2 2023. The compounding fiscal distresses of hospitals, physicians, ambulatory ancillaries, and post-acute providers have created intensifying demand for advanced technologies to confront straggling RCM systems and underperforming services, report 90% of the healthcare industry’s collective C-suite.

Black Book™ collected survey responses from 4,959 health system Chief Financial Officers, Vice...

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Topics: Health System / Hospital, Physician, Provider, RCM (Revenue Cycle Mgmt), Survey / Study, Technology, Trends
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