HIT Consultant January 24, 2024
What You Should Know:
– Salucro Healthcare Solutions, a leading healthcare payment technology company, has released its inaugural Healthcare Provider Fintech Insights Report.
– The insights report sheds light on the priorities and challenges faced by revenue cycle and finance professionals in the healthcare industry, offering valuable insights into where they are investing in 2024 and beyond.
A Pressing Concern: Patient Collections
The report paints a clear picture of the current landscape. The biggest concern for revenue cycle leaders, according to 48% of respondents, is timely patient collections. This issue trumps other challenges like denial management (36%) and hiring/staff training (32%). This highlights the importance of streamlining the patient payment process and ensuring efficient collection of outstanding balances.
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