Recapping the 2024 Becker’s Health IT, Digital Health and Revenue Cycle Management Conference
By Jonathan Wiik, Vice President, Health Insights, FinThrive
Markets
Solutions
Featured Content
To improve patient financial experiences and protect profitability, healthcare financial leaders need a strategy that focuses on end-to-end revenue management.
Today, revenue cycle strategies rely on a combination of core EHR functionality and bolt-on point solutions. However, this approach is beginning to change. In a recent survey of health system CFOs, 28% report they’d be making major investments in revenue cycle technology solutions in just the next 12 months, migrating away from point solutions toward an enterprisewide, end-to-end revenue management platform.
As you consider strategies like these to drive operational efficiencies across your revenue operations, the following emerging trends should be taken into consideration:
An estimated 70% of healthcare organizations leverage multiple third-party solutions for revenue cycle management. This approach is creating data silos, limiting automation programs, eroding workforce efficiencies, and, in some cases, negatively impacting patient satisfaction.
Learn how FinThrive is rethinking revenue management with an end-to-end solution.
By Jonathan Wiik, Vice President, Health Insights, FinThrive
The relationship between providers and payers has always been challenging, and the current landscape is marked by heightened tension. With rising...
In today’s healthcare environment, maintaining secure and continuous claims management is more crucial than ever. Recent cyberattacks highlight the...
The healthcare industry is currently grappling with a major challenge: ensuring staff satisfaction. Several key issues contribute to this problem,...