Newswire June 21, 2024
LAS VEGAS, June 21, 2024 (Newswire.com) – Inflation, medical revenue losses, staffing challenges, and the slow recovery of inpatient volumes have collectively driven 2024 total health system expenses up by more than 16%. The escalating financial pressures on hospitals, physicians, ambulatory ancillaries, and post-acute providers have intensified the demand for advanced technologies to address outdated RCM systems and underperforming services, as reported by 87% of the healthcare industry’s C-suite executives.
Black Book⢠gathered survey responses from 6,771 health system Chief Financial Officers, Vice Presidents of Finance and RCM, Controllers, Business Office managers, staff, consultants, and advisors from hospitals and physician practices. The goal was to identify the top-performing vendors in the highly sought-after financial software, technology platforms, and systems, as...
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