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Credit ratings for some hospitals and health systems have declined since June, as reported by Becker’s Hospital CFO Report.¹ The credit downgrades are tied to capital expenditures and cash flow issues over the last several months.

1. Staffing challenges such as high turnover or inability to identify and hire qualified candidates
   Solution 1: MeduitAI^TM https://www.meduitrcm.com/meduitai
   Solution 2: Outsourcing unworked accounts to Meduit: https://hub.meduitrcm.com/insurance-outsourcing-v2
2. High cost of collecting on high account volume and backlog accounts
   Solution: Supervised Autonomous Revenue Associate (SARA) https://www.meduitrcm.com/sara
3. Disjointed patient payment experience
   Solution: The Right Balance of Self-service and Full-service Patient Payment Options to Maximize Collections https://www.youtube.com/watch?v=yLR3HxGZdik
4. Missed revenues from niche areas such as Medicare and Medicare Bad Debt
   Solution: Meduit F2 Healthcare Medicare Bad Debt Recovery https://www.meduitrcm.com/meduit-f2-healthcare-medicare-bad-debt-recovery/
5. Managing multiple vendors for revenue cycle support
   Solution: MedComplete https://www.meduitrcm.com/medcomplete/

Let us know how Meduit can help your organization ensure a healthy and sustainable revenue cycle. Contact us: https://www.meduitrcm.com/contact

¹ https://www.beckershospitalreview.com/finance/6-hospitals-hit-with-credit-downgrades-2.html