Healthcare Finance News September 12, 2019
Healthcare providers in today’s environment are tasked with two seemingly contradictory goals. On the one hand, they want to cut operational costs to address persistently slim margins. On the other hand, they want to improve clinical outcomes, especially in value-based models that tie reimbursement to clinical quality.
It’s a tough balancing act. After all, how does one improve, or even maintain, care quality when the organization is forced to tighten its belt?
As it turns out, leveraging technology in the right way can lead to operational improvements and efficiencies that allow healthcare organizations to actively increase their revenues. And it starts with the patient — particularly when it comes to addressing their financial obligation.
It’s common nowadays for communication between...
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