BC Advantage - 2022 Issue 5

Offsetting Staffing Shortage-Induced Revenue Loss

Exacerbated by pandemic-induced burnout, the Great Resignation, vaccine mandate-driven terminations, and rising retirement rates, the chronic shortage of billing, coding, and audit professionals will continue to worsen over the near future. And it comes at a time when demand for these positions is skyrocketing, with the American Hospital Association (AHA) projecting a 13% growth in medical records, billing, and compliance positions - the fastest growing healthcare white-collar administrative professions - by 2026. As a result, healthcare organizations struggle to keep revenues flowing with too few qualified professionals to manage critical billing and compliance processes. The impacts are...

To read the full article, sign in and subscribe to BC Advantage.

Thank you for choosing Find-A-Code, please Sign In to remove ads.