HFMA November 1, 2019
Hospitals and health systems are constantly challenged to maintain a strong revenue cycle amid fluctuating industry dynamics. Leaders must remain vigilant, looking for ways to speed cash flow, reduce the cost-to-collect, maintain regulatory compliance and respond to new and emerging payment models. The increasing use of technology, along with rising consumerism and shrinking margins, are also factors organizations must deal with as they aim to improve and sustain performance.
To learn more about revenue cycle challenges and how hospitals and health systems are addressing them, the Healthcare Financial Management Association (HFMA) surveyed 108 hospital and health system CFOs and revenue cycle management (RCM) executives. The survey took place across two weeks in September, with some of the questions revisiting...
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