4sight Health November 3, 2022
I won’t keep you in suspense. Healthcare’s smartest professionals are the tens of thousands of individuals who populate its revenue cycle operations.
Revenue cycle professionals determine how much payers fork out and how much providers receive for healthcare treatments. They constitute the beating heart of the nation’s transactional healthcare system. Their ingenuity knows no bounds. Their smarts, however, don’t always translate into what’s best for patients.
Healthcare’s Financial Engine
Revenue cycle management (RCM) is a massive and growing industry. A recent market analysis by Grand View Research pegs the RCM market in the U.S. at $140.4 billion in 2022, with 10.3%forecasted annual growth through 2030. [1] By comparison, Ibis World estimates the 2022 U.S. car and automobile market to be...
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