Healthcare Finance Trends for 2022: Revenue Cycle Management Focus Report
By Taylor St. Eve, Vice President, Patient Financing, CommerceHealthcare®
This Focus Report offers a range of themes carrying particular importance for revenue cycle management (RCM) selected from the Healthcare Finance Trends for 2022 eBook prepared by CommerceHealthcare®. Financial recovery from the pandemic’s impact will be a paramount concern. (Trend 1 below) An essential contributor to a healthcare organization’s recovery effort is to reduce cost substantially by accelerating automation throughout the revenue cycle, including important areas such as remittance processing. (Trend 2) Automation will drive efficient, cost-effective processes that are likewise a prerequisite for participation in the changing landscape of payer-provider relationships. (Trend 3)
For each highlighted trend, a few additional data points and considerations are provided for further illumination. Leaders are encouraged to read the complete Healthcare Finance Trends for 2022 eBook detailing 11 trends that carry significant implications for the economic and operational wellbeing of health systems, hospitals and practices.
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Reprinted with permission from CommerceHealthcare®.