Healthcare Providers Turn to Outsourcing for Revenue Cycle Management Amid Workforce Shortages In an effort to enhance cash flow and improve patient care, healthcare providers are increasingly seeking reliable vendors to outsource their Revenue Cycle Management (RCM) services. A study reveals that many providers are outsourcing RCM processes to address staffing shortages and financial challenges. […]
The findings demonstrate a growing interest in digitally transforming outpatient RCM to improve efficiencies and optimize revenue. About 22% of revenue cycle leaders who manage their inpatient revenue cycle management already outsource some of their outpatient RCM, and 12% have ambitions to do so in the future, find a new survey conducted by the Healthcare […]