HIT Consultant April 17, 2025
Healthcare providers are heading into another year where financial uncertainty remains a top concern. While many for-profit and nonprofit organizations reported improved margins in 2024, industry analysts warn that rising expenses and process inefficiencies could put those gains at risk. Home-based care agencies, in particular, continue to face workforce shortages, changing reimbursement structures and administrative challenges – making revenue cycle management (RCM) a critical tool for financial stability.
The Case for Outsourcing RCM
Billing, coding, claims processing and compliance require deep expertise and constant adaptation to evolving regulations. Many agencies struggle to keep up, especially with staffing shortages and payer rules frequently shifting. The administrative workload can slow down revenue collection and divert attention from patient care.
To address...
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