HealthLeaders Media December 14, 2022
Lifepoint Health’s vice president of revenue cycle operations chats about trends the health system is watching for 2023.
KEY TAKEAWAYS
– In 2022, staff reductions and the strains on ability to hire have created the need for additional revenue cycle automation.
– For 2023, leaders are expecting more staffing and regulatory challenges, as well as payer policy changes.
Hospitals and health systems have been struggling financially as they try to navigate rising expenses.
Challenges like this mean organizations are going to finish out the year in the red, according to recent reports from Kaufman Hall.
As organizations plan to tighten their belts in 2023, revenue cycle leaders are feeling the pressure of cost cutting, regulatory burdens, and staffing shortages.
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