RevCycle Intelligence April 14, 2021
Most of these hospitals and health systems have never used revenue cycle automation, but plan to do so by the end of 2021.
About one-third of hospitals and health systems do not use revenue cycle automation, according to a new survey.
The survey commissioned by AKASA was conducted through the Healthcare Financial Management Association’s (HFMA) Pulse Survey program and received responses from 587 chief financial officers and revenue cycle leaders at hospitals and health systems across the US.
About 30.4 percent of the survey respondents have never used automation in revenue cycle operations, while 2.8 percent no longer use automation.
The remainder—66.8 percent—are either currently using automation or in the process of implementing automation for revenue cycle operations. These respondents...