Healthcare's Revenue Cycle Management (RCM) is very complex and challenging to manage efficiently.
With a loss here and there, all adds up to the point where almost all health systems or practices feel financially pressed, all the time. Reimbursement rates keep dropping, while all other costs – rent, staffing costs, medical supplies – keep going up.
The more complex processes are within the hospital, the bigger potential revenue leakages are. But the good news is that also the opportunities for improvement and savings rise!
Find out here the top 10 sources of lost revenue and cost drain (leakage) and help us identify your own top revenue leakage causes to discover how Effy Healthcare powered by RAID may help your healthcare organization prevent leakages to happen in the first place.