How to Take Your RCM Operations to the Next Level
According to a survey by Kaufman Hall, 75% of healthcare leaders say the Covid-19 pandemic has had an adverse impact on their revenue cycle operations, including increased payer denials and an increase in bad debt. A large portion of denials are generated in the mid-cycle, primarily due to processes that are exceptionally manual, time-consuming and prone to error. This new white paper outlines ways a hospital or healthcare system can automate the mid-cycle processes, get reimbursed faster and leverage technologies to improve long-term financial viability.