Becker's Healthcare June 30, 2022
Nearly half of revenue cycle leaders said their departments are facing severe labor shortages, according to a midyear financial trends report released June 29 by R1 RCM.
R1 RCM surveyed 205 CFOs and vice presidents of revenue cycle from large health systems and physician groups between June 9 and 16, according to the report emailed to Becker’s.
Eight things to know:
1. Forty-eight percent of respondents said their RCM/billing department is experiencing a severe labor shortage and 34 percent said they are facing a moderate shortage.
2. Forty-one percent said between 51 percent and 75 percent of their RCM/billing department roles are currently vacant. Thirty-six percent said between 25 percent and 50 percent of those roles are...