Bolt-on revenue cycle solutions are the need of the hour for hospitals [infographics]

 Erika Regulsky Tags: , , , , RCM
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Hospitals and small medical practices have never been under such intense pressure to reduce operational costs and improve the quality of patient care. In their desperate attempt to roll with the punches there’s one option that has proved to be cost-efficient and reliable time and again- outsourcing.

BlackBook , in  a recent survey, revealed that a majority of hospitals and small medical practices are turning to RCM technology vendors and revenue cycle management companies to help them handle the financial and operational blank walls facing them . Here is an infographic of it.

Click on the Image below to Enlarge:

Conclusion: We hope you found this infographic engaging. If you liked what you read, can you spare us a moment and share it out? Also, while you are here, please check out this infographic on MACRA.

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I’m a multi-certified revenue cycle management professional and compliance officer with 20+ years of experience. I contribute articles to leading healthcare publications and journals. I am currently working as Senior Transition Manager, in BillingParadise headquartered at Diamond bar, California. BillingParadise offers Medical Billing Services that intersect perfectly with the EMR/Practice management system you use.BillingParadise has offices in New Jersey, New York, Florida, Georgia, Minnesota, and Texas.

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