Healthcare IT Today November 7, 2022
Health systems and physician practices are struggling with profitability as costs continue to rise while revenue remains flat. To endure, organizations will need to look to creative talent solutions, process automation, and other technologies – particularly in revenue cycle management (RCM).
Healthcare IT Today recently connected with Patrice Wolfe, CEO and Thomas Thatapudi, CIO at AGS Health, a provider of RCM services, technologies, and support to healthcare organizations. We spoke at length about the cost challenges facing the industry.
“The US healthcare market is really in a financial crisis,” stated Wolfe. “COVID-19 really damaged the fundamental business for many health systems, and even though a lot of their patients have come back, they are facing many cost challenges. There is...