Triumphealth04 Aug, 2023Health
Many radiology practices are currently facing significant financial challenges due to a sharp decline in imaging revenue and a decrease in patient volume. According to an analysis conducted by Yale's academic multi-specialty radiology practice, there has been a staggering 70 percent decrease in outpatient imaging since the beginning of the COVID-19 crisis. Additionally, emergent and inpatient services have experienced a 50 percent drop. To address these financial difficulties, it is crucial to identify and address inefficiencies in radiology billing and coding practices.
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