Learning Objectives
- Identify market risks and mitigation for cyber-attack, specifically in healthcare finance
- Examine revenue cycle technology adoption and how mature, risk and budget-conscious organizations are investing in their future for RCM resiliency
- Implement best practices for cutover and recovery to help ensure impacts to cash flow are minimized during interruptions
Overview
Cyber-attacks should not be viewed as a matter of "if" but rather "when." Is your revenue cycle truly prepared for such eventualities? Recent events have shown that such attacks can severely disrupt cash flow and lead to an unnecessary waste of resources. However, there is a better way—one that is budget-conscious, innovative and effective in ensuring business and revenue continuity. In the digital age, redundancy in mission-critical financial systems, particularly within the clearinghouse space, is not just recommended but essential. This session will closely examine financial risks and impacts on RCM where single points of failure exist and identify best practices that will better prepare your organization for resiliency if unplanned downtime occurs.
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