Daniel Thiry, managing principal of Revenue Cycle Solutions, said hospitals may miss this opportunity by focusing only on cutting costs.
According to the company, hospitals should start improving their revenue cycle now in preparation for new federal requirements under healthcare reform legislation.
Read the news release on improving revenue cycle to boost hospitals’ bottom lines.
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At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.