Becker's Healthcare July 31, 2024
In collaboration with Altera Digital Health

By Shanna DeLeo, Senior Vice President of Development for Sunrise™, Altera Digital Health

According to a survey by the American College of Healthcare Executives (ACHE), financial issues remain a top concern for healthcare CEOs, second only to staffing shortages. Of these CEOs, more than half say that revenue cycle management (RCM) and converting charges to cash are among their biggest challenges.

As operating costs increase and reimbursement decreases, organizations must uncover more opportunities to widen their margins and continue supporting high-quality care. If you’re struggling to maintain financial stability, determine if your organization is making any of these costly—yet fixable—missteps:

1. You’re billing the wrong patient.

Most hospitals and health systems use a variety of IT solutions to meet the...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Provider, RCM (Revenue Cycle Mgmt), Survey / Study, Technology, Trends
The 'Best Hospitals for Maternity Care,' according to US News - 2
Florida health system eyes 2025 as 'year of innovation' after Epic go-live
Johns Hopkins Medicine inks AI deal with Abridge
Aspirus Health's plan to fill gap left by HSHS hospital closures moves forward
Ascension's $375M sale of 9 hospitals, 2 ASCs approved

Share This Article