The biggest challenges facing revenue cycle departments in 2024

Nearly half of revenue cycle and finance leaders surveyed said timely patient collections is their biggest concern in 2024, according to a Jan. 23 report from Salucro Healthcare Solutions. 

The health payment technology company's Healthcare Provider Fintech Insights Report is based on a survey of 176 healthcare professionals. 

Here are the top five challenges facing RCM teams in 2024, according to the report: 

1. Timely patient collections: 48%

2. Managing denials: 36%

3. Hiring and training staff: 32%

4. Data analytics and reporting: 26%

5. Maintaining security and compliance: 13%

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