MedCity News November 23, 2020
Especially in a tough economic climate, healthcare facilities need more efficient ways to improve cash flow and remain stable by ensuring claims are accurately processed and quickly paid.
As the world continues to battle Covid-19, its effects on population health are just one facet of the crisis. The economic fallout is also seriously impacting both people and businesses, including hospitals and other healthcare facilities.
The American Hospital Association (AHA) estimates the country’s hospitals and health systems could lose $120.5 billion between July and December 2020. This is in addition to AHA’s previous financial impact estimate — losses of $202.6 billion between March and June 2020 — bringing total losses for the calendar year to at least $323 billion. Half...
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