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06/14/2024

3 Areas to Address to Improve Revenue Cycle Performance

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

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