Maximizing RCM: A Comprehensive Guide for Healthcare Providers

Billrmd08 Aug, 2024Health

According to the Healthcare Financial Management Association (HFMA) article, hospitals entered 2024 on a more stable financial footing. However, they continue to face significant obstacles. With growing financial strain, healthcare leaders are increasingly driven to find innovative solutions. The rise in operational expenses, staffing shortages, complex payer negotiations, declining reimbursement rates, and the complex nature of payer relationships are notable issues healthcare providers must address.

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