Financial stability is front of mind for most of the healthcare sector, with revenue cycle management noted as a priority by 59% of leaders, according to a recent report by Sage Growth Partners.
The firm surveyed 115 C-suite executives, revenue cycle executives, and executives from other finance, IT, and operations roles. Of these respondents, 43% said their organization’s revenue cycle has improved since 2019, citing the following for their success: operational process improvements, technology advancement, and investing in workforce.
Here are three HealthLeaders stories featuring organizations that have utilized these strategies and also seen results.
Operational process improvements
Technology advancements
Investing in workforce