Financial stability and efficiency top the list.
As leaders adapt their strategies to fit the changing healthcare economy, certain pain points are prioritized over others. Surveying 115 executives within revenue cycle, finance, IT, and operations, a recent Sage Growth Partners report found that executives are prioritizing the following for their organizations:
- Financial stability
- Operational efficiency
- Increase reimbursement and collection
- Staff recruitment and retention
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Jasmyne Ray is the revenue cycle editor at HealthLeaders.
KEY TAKEAWAYS
Payers continue to be an obstacle, with low reimbursements not covering the cost of care.
With the ongoing workforce shortage, leaders must improve their recruitment and retention methods.