Physicians Practice August 16, 2023
Marvin Luz, Senior Director, Greenway Revenue Services

Tackling administrative burden in the revenue cycle to streamline tasks and increase efficiencies

Long-term stress, commonly referred to as “burnout,” is prevalent among office staff and physicians leading to a global impact on healthcare facilities. Addressing administrative burden is crucial as it serves as a significant cause of burnout within the healthcare industry.

According to a national MGMA poll, about 40% of medical groups reported physicians retiring early or leaving practices in 2022 due to burnout. However, burnout is not confined only to clinicians but affects all healthcare workers, including front-office and billing staff.

One concerning consequence of administrative burden is the reduction in face-to-face time with patients. This lack of direct patient interaction creates additional stress for healthcare workers.

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Topics: EMR / EHR, Health IT, Provider, RCM (Revenue Cycle Mgmt), Survey / Study, Technology, Trends
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