Round Up: Cost Containment, Denials & Cybersecurity
HealthLeaders Media March 28, 2024
There are three prevalent issues that defined the first quarter that leaders should know.
KEY TAKEAWAYS
– Health systems are looking to cut and contain costs wherever they can, some with the assistance of automated solutions.
– Providers are having to be diligent, yet strategic, in their approach to appealing denials and communicating with payers.
– Cybersecurity concerns have peaked in the aftermath of the Change HealthCare attack and the extent of its disruption to revenue cycle operations.
As we wrap up the first quarter of 2024, cost containment, denials management, and cybersecurity stand out as key issues revenue cycle leaders should be mindful of going into the remainder of the year.
Cost Containment
Many health systems are toeing the...