'The good, the bad and the ugly' of revenue cycle outsourcing — Pitfalls to avoid and tips
Hospital and health system CFOs and revenue cycle management leaders are tasked with addressing cost and capacity issues unique to today's trends. High-deductible health plans, greater patient out-of-pocket responsibility, tightening regulatory compliance and value-based agreements have made outsourcing the revenue cycle a critical decision for hospital leaders. Read this whitepaper to understand:
• What's pushing CFOs and RCM executives to outsource part or all of their revenue cycles
• Some predictable pitfalls financial executives should avoid when outsourcing their revenue cycle management functions
• Best practices to achieve a symbiotic relationship with a vendor
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