Becker's Healthcare June 8, 2023
Spending on end-to-end revenue cycle optimization is up 17 percent on average in the post-pandemic period, and the trend is expected to continue through 2028, according to a survey by Black Book Research.
Black Book surveyed hospital and health system CFOs, vice presidents of finance and RCM, and other financial leaders between the fourth quarter of 2022 and second quarter of 2023, according to a June 8 company news release. A total of 1,302 hospital financial team members independently participated in the crowd-sourced survey process.
Sixty-nine percent of hospital and health system senior financial managers surveyed said their organization prefers end-to-end revenue cycle solutions that “seamlessly integrate existing infrastructures to provide a standardized enterprise approach to the latest challenges...