How Enterprise Financial Management Helps Providers Minimize Risk in Value-Based Care
Healthcare providers and payers operate under a combination of fee-for-service and fee-for-value payment models today, however the latter is gaining traction and expected to eclipse traditional reimbursement methods in the next few years. What’s concerning is nearly 40 percent of hospital executives do not believe their organizations possess the most important capabilities to succeed under value-based payments.
It is essential hospitals find the right resources and partner that help manage revenue processes while strengthening their patient relationships. Value-based reimbursement, revenue cycle management, payer-provider relationships and patient engagement continue to grow more interdependent, meaning hospitals need a partner that upholds all four parts of this delicate and all-important equation.
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