This is a critical year for healthcare providers and their revenue cycle health. Though hospital margins are on the rebound, staffing shortages and rising labor costs persist, while claim denials continue to increase at a double-digit pace. Escalating healthcare costs are fueling a need to improve the patient experience in order to drive collections.
All of these stresses impact the cost of collecting on patient and insurance accounts. In Meduit’s February issue of Cycle Up, we tackle these top revenue cycle issues and more, including:
- Harnessing AI to drive the revenue cycle
- Mitigating rising claim denials
- Top tech-driven tools that are driving the RCM game
- Identifying and retrieving missed revenue
- The latest in compliance news
Meduit aims to provide our clients with the resources needed to drive financial health that supports excellence in patient care.
I hope you find this issue of Cycle Up informative and helpful. Please let me know if you have thoughts on future articles that our readers might find useful.
