CFO Black Book Healthcare Survey on Outsourcing RCM and ROI
Black Book Healthcare Survey Results
17%
ofsurveyedhospitalsaresynchronizingRCM transitionactivities.
78%
Majorityofhealthcareproviders(78%) failedtoselecttechnologyvendors.
Revenuecycleoutsourcingservicesontheriseasaprovisionalsolution.
Revenue Cycle Outsourcing Benefits
OptimizesROIrevenuecyclemanagement.
Reducescostsandincreasesefficiency.
Allowshealthcareproviderstofocusondelivering high-qualitypatientcare.
CFO Perspective on RCM Outsourcing
80% ofHospitalCFOsconsiderRCMoutsourcing servicesavaluablestop-gapmeasure.
2/3 200
Two-thirdsseekRCMoutsourcing agreementsextending18-36months.
End-to-endRCMoutsourcingseenas bestsolutionforhospitalsunder200beds.
Importance of Quick Action
50% 50%ofUShospitalsfailedtoinitiateasustainable RCMplan.
DelaysinRCMtransformationprograms forhospitalsunder200beds.
Smallerhospitalsprioritizevendor relationshipsoverRCMperformance.
200
Future Trends in RCM Outsourcing
Combinationofautomation(RPA)and outsourcingservicestoimproveRCMoperations.
Hospitalsconsideringsupplementing existingRCMsoftwarewithoutsourcing services.
Codingrepercussionsandvalue-based reimbursementopportunitiesdriving theneedforoutsourcing.
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