Proactive Decision Making in Revenue Cycle Management with Data Analytics and Business Intelligence Tools
Healthcare IT Today August 7, 2024
Making well-informed decisions is very important in the healthcare space, especially for areas that are necessary for your organization to function, like revenue cycle management (RCM). The best way to make sure that we have all of the information we need to make the best possible decisions is through data analytics and business intelligence tools. To get more insights on how these tools impact RCM, we reached out to our talented Healthcare IT Today Community to ask them – how does the integration of data analytics and business intelligence tools contribute to proactive decision-making in revenue cycle management, and what key performance indicators are being monitored to assess financial health? The following is what they had to share.
Robert Marinich,...