How to build financial resilience amid COVID-19 — What finance leaders can learn from a real-world analysis of 600+ hospitals
Prior to COVID-19, many hospital finance leaders knew that a major reason for thin margins was leakage from mid-revenue cycle, specifically documentation integrity. Today, health systems face even more unknowns — from the unexpected 30% reimbursement decline due to COVID-19 medical admissions (according to an Iodine Software analysis) to the rise in telehealth vs. inpatient visits. As health systems prepare for "the new normal," finance leaders are looking for ways to ensure their system is ahead of the curve and built to ensure financial resiliency.
Be part of discussion with other health system revenue cycle leaders that will cover:
- The projected financial impact of COVID-19 and current financial recovery trends, based on a real-world analysis of 600+ U.S. hospitals
- Revenue cycle strategies you can employ today that are short-term revenue accretive and build financial resiliency for the long term
- How to future proof your organization and be prepared for future shocks