Navigating a perfect storm - Boosting hospital finances amid industry consolidation and a pandemic
Healthcare providers are navigating a perfect storm of declining revenue, increased consolidation, and COVID-19 impacts. Therefore, it is vital that they manage business processes more efficiently than ever. One way is to equip the central billing office to consolidate, reconcile, and process charges generated across multiple facilities, specialties and systems, all in one tool. The resulting workflow improvements have been shown to increase the volume of billable charges by an average of 20 percent.
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