BC Advantage - 2009 Issue 4

Cash Acceleration During Turbulent Economic Times:

Is your hospital or health system struggling with reduced cash flow and reduced margins related to interest income?  Background With the demands inherent in managing all parts of a Revenue Cycle operation, especially in the current economic downturn, survival is the focus of many hospitals and health systems, rather than process and work flow improvement. The economic climate is accelerating the rate of uninsured and under-insured patients, and is contributing to an increase in the number of high deductible health plans. It is critical that Revenue Cycle leadership teams focus on clinical and financial integration, leveraging current...

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