RCM tip of the day: Create a single source of truth with data

As healthcare organizations strive to improve revenue cycle management, they must implement, align and strategize around data.

Tom Schaal, director of product management at healthcare analytics company MedeAnalytics: The key here is transparency. Oftentimes, healthcare organizations use different tools across different teams which make it incredibly difficult for any organization to land on a single source of truth. The value of this central source of easily accessible data, that people within the organization trust cannot be understated. It's a game-changer.

To learn more about how data analytics can transform RCM, access this story from Becker's Hospital Review.

If you would like to share your RCM best practices, please email Kelly Gooch at kgooch@beckershealthcare.com to be featured in the "RCM tip of the day" series.

 

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