From remittance flows to work-life balance, revenue cycle automation offers a broad range of operational efficiency and flexibility. Executives from seven major U.S. organizations recently met to share their experiences implementing our Revenue Cycle Solutions.
Automating its revenue cycle was a key objective for a rehabilitative product and service organization with over 500 locations. Centralizing practice management through our Revenue Cycle Solutions helped it speed EFTs, checks and credit card payments representing patient co-pays.
Can automation lower patient costs? That’s the objective at a community-based nonprofit that operates more than 20 hospitals. That organization’s revenue-cycle executive recently helped launch an enterprise-wide effort to automate revenue-cycle activities, as well as supply chain, human resource and administrative services.
- Hospital and health systems are addressing their unique fiscal challenges through revenue cycle automation
- M&A, geography and a fragmented payment landscape are key factors affecting implementation
- Tailored revenue cycle solutions can yield meaningful efficiencies, and help providers pursue revenue enhancement opportunities