Revenue Cycle the Most Common Area for Outsourcing Among Hospital Leaders

HealthLeaders Media November 4, 2022
Jay Asser

A Kaufman Hall report highlights pandemic-related impacts of the past year on revenue cycle challenges.

KEY TAKEAWAYS

– The Kaufman Hall 2022 State of Healthcare Performance Improvement report surveyed 86 hospital and health system leaders.

– Twenty-seven percent of respondents said they’ve pursued outsourcing revenue cycle functions, which topped the list.

– Ninety-three percent of leaders said revenue cycle challenges have increased over the past year.

As the labor shortage continues to hamper healthcare organizations, outsourcing has become a common strategy to mitigate costs.

Nearly one-third of hospital and health system leaders (63%) have pursued at least one outsourcing solution, with revenue cycle functions at the top of the list (27%), according to Kaufman Hall’s 2022 State of Healthcare Performance...

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