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Operating health systems and physician practices has always been hard, but COVID-19 has created extraordinary profitability challenges in 2020. Lower volumes, changing case and payer mixes and greater operating margin anxiety make revenue optimization more essential than ever. We asked…
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The economic landscape of the healthcare market has been forever altered by the COVID-19 crisis. Existing challenges have intensified, and the pace of change is accelerating, raising the bar for organizations to adapt strategically and quickly. Download the e-book to…
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High deductible health plans (HDHPs) have shifted the already-complex payer reimbursement burden onto the shoulders of consumers who are unprepared to bear it. Consumers, on the one hand, need increased support to understand their bills and figure out how to…
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Health systems are painfully aware of the complexities of revenue cycle management and understand the need for RCM partners. In fact, 93% of health systems rely on at least one RCM partner. But there are different reasons for pursuing RCM…
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Beyond clinical staff, labor shortages are putting significant pressure on the revenue cycle function at hospitals and health systems, leading to negative consequences on the bottom line and for patient engagement. This report uncovers findings from a survey of 200…
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Selling a medical practice can be a difficult process to navigate. Without the right strategies and team in place, owners will likely leave substantial money on the table. This whitepaper outlines how owners can avoid this common mistake and highlights…
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Medicare and Medicaid administration can be nightmarishly complicated with interconnected programs and requirements. Even for those well-versed in the fundamental rules, hidden pitfalls can lead to significant financial gains or losses, often in the millions. The silver lining is that…
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Battling cost pressures and staffing shortages leaves little time for hospitals and health systems to go after reimbursable dollars. But forgoing this revenue can cost millions. Rather than leave this money on the table, learn to leverage artificial intelligence to…
The challenges facing healthcare finance leaders are only getting more complicated. These executives must find ways to navigate these issues to support operational efficiency and financial performance. Charting a path forward will require the effective adoption of new technology. This…
Operating margins at academic medical centers have declined sharply in recent years, yet these institutions continue to play a pivotal role in advancing clinical innovation and delivering cutting-edge care. This paradox highlights the resilience and ingenuity of AMCs as they…
