by HBCS | May 9, 2023 | Blog
Rising patient financial responsibility is taking a toll on the bottom line of hospitals and health systems across the country. In a recent review, private/self-pay accounted for 68.4% of hospital revenue on average, while Medicare’s percentage of net revenue was...
by HBCS | Mar 7, 2023 | Blog
Claims denials are a big source of revenue leakage. According to one recent report, around 67% of healthcare leaders have seen an increase in claims denial over the past year.[1] The crunch is commonly attributed to frequent payer policy changes, lengthening...
by HBCS | Jul 8, 2022 | Blog
Improve your bottom line by ensuring all insurance accounts are being managed Industry analysts agree that healthcare staffing shortages aren’t going away anytime soon.[1] Some are even predicting that increased labor costs will cause expenses to outpace revenue...
by HBCS | May 31, 2022 | Blog
Health systems and physician organizations across the country continue to struggle to maintain optimal staffing. While most of the spotlight has been on clinical staffing shortages, the challenge is just as significant for non-clinical staff. A recent article by...
by HBCS | Aug 5, 2021 | Blog
Throughout the pandemic, businesses in all industries have struggled with staffing and those challenges continue. With the surge of variants growing, there is continued uncertainty around when the pandemic will finally end. That means staffing will continue to be a...
by HBCS | Jun 17, 2021 | Blog
Health systems and physician organizations have been hesitant in the past to adopt a hybrid workforce model with onsite and remote employees. That is understandable for patient-facing employees. However, as the COVID-19 pandemic has shown us, there are many positions...
