After the financial struggles many health systems faced in 2022 — with operating margins negative for 11 consecutive months according to Kaufman Hall — the revenue cycle is in the spotlight in 2023. Health system leaders are turning to their revenue cycle experts to shape their overall strategies. To navigate these challenging times and optimize financial performance, healthcare organizations are increasingly recognizing the critical role of revenue cycle management services. RCM services encompass a range of strategies, technologies, and processes aimed at maximizing revenue, improving cash flow, and enhancing operational efficiency throughout the revenue cycle.

American Academy of Pain Medicine stated that millions suffer from acute or chronic pain every year in the US, and the effects of pain exact

Healthcare is transforming right in front of our eyes. The last 12 months have rocked the industry to the core. The ways facilities engage with

In 2023 it’s harder to find dedicated back-office staff that are willing to stay on for the long haul. The average tenure of back-office staff

Did you know? Between Dec 2019-2021, the median change in hospital operation margins (without CARES) dropped by 14.7%, while labor expenses per adjusted discharge increased

Whether you belong to a multi-specialty group or run your private practice, it’s not easy to maintain a strong revenue cycle. Equifax, a credit agency,