The most important factors for a successful revenue cycle team

Strong leadership is the most important factor contributing to a successful revenue cycle, according to a June 4 report from Sage Growth Partners. 

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Sage surveyed 115 C-suite executives, including CFOs, revenue cycle executives, CIOs, and other finance, IT and operations professionals. 

Here is what the C-suite leaders said were the most important factors contributing to the success of their organization’s revenue cycle: 

1. Strong leadership: 70%

2. Experienced staff: 66%

3. Well-structured payer contracts: 62%

4. Well-thought-out processes: 53%

5. Innovative technology: 46%

6. Sufficient resources: 43%

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.

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