With the surge in AI-driven claim denials and a shortage of skilled revenue cycle professionals, hospitals and health systems are struggling to recover the revenue they’re owed, which is putting a significant strain on their financial health.
Unfortunately, hiring more RCM staff isn’t a feasible solution, because there simply aren’t enough experienced RCM professionals to go around.
In Meduit's latest podcast episode, Working Smarter: A New Approach to RCM Staffing, CEO Jeff Nieman and VP of Revenue Cycle Operations Sidonie McDaniel discuss the current staffing shortage plaguing healthcare RCM and explore innovative strategies to help organizations not only survive but thrive. Topics include:
• The challenge of managing overwhelming RCM workloads with limited staff
• Why focusing on cost-cutting rather than revenue capture is a flawed approach
• The value of a balanced approach to RCM performance
We believe you’ll find this fresh perspective on an ongoing industry issue, one that’s likely impacting your own organization’s bottom line, to be well worth your time. Don’t miss the opportunity to gain seasoned insights and strategies for RCM improvement.
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Posted By Jeff Nieman on Nov 11, 2024 07:49 PM