In their quest to enhance cash flow and deliver exceptional customer care, healthcare providers are actively seeking suitable vendors to outsource their Revenue Cycle Management Services. To overcome staff shortages and financial challenges, healthcare providers are mostly planning to outsource revenue cycle management processes, according to a study. From the research conducted by PatientPay in […]
Learn the top trends in rehabilitation for 2023 and hear from Rehabilitation and Behavioral Health President on how these trends are expected to impact hospitals. COMBATING THE ONGOING WORKFORCE CRISIS Recruiting and retaining clinical talent remains a top priority, according to a recent healthcare executive survey. Three key factors fueling this ongoing shortage include: – […]
Hospitals are increasingly utilizing locum tenens physicians, advanced practice providers (APPs), and telehealth services to address staffing shortages. The Innovation & Flexibility: Journey to Sustainable Healthcare Report reflects data from 129 healthcare administrators representing a range of facility types and sizes. The COVID-19 pandemic exacerbated hospital staffing shortages as many clinicians faced burnout and […]
More than 200,000 residents could be at risk of displacement if federal leaders establish minimum staffing requirements for nursing homes. Nursing homes would have to spend up to $10 billion per year and hire almost 188,000 nurses to comply with increased minimum staffing requirements, according to a report from the American Health Care Association (AHCA) […]
The COVID-19 pandemic created a host of challenges for revenue cycle management leaders, from widespread service line shutdowns to shifting staff to work at home and increasing self-pay balances. These pressures have heightened inefficiencies in A/R processes and productivity. While these challenges took a massive financial toll on healthcare organizations—to the tune of $323 billion […]
Now that Joe Biden has been inaugurated, the President is looking to act quickly on a $1.9T COVID-19 relief plan that will significantly impact hospitals and other providers. Soon after the crowds disperse from the Capitol on Jan. 20, 2021, newly minted President Joe Biden will be working to enact a roughly $1.9 trillion COVID-19 […]