by HBCS | Aug 28, 2024 | Whitepaper
Hospital and health system margins are ticking upward, although labor expenses remain challenging. According to a recent Kaufman Hall Hospital Flash Report, margins for February 2024 reached 3.96%, although this does not reflect the impact of the recent large-scale...
by HBCS | Mar 26, 2024 | Whitepaper
With denial rates remaining high, their impact on the bottom line is prompting health systems and provider organizations to look more closely at their denial strategies. Research shows that approximately 11% of all claims were denied in 2022, up from eight percent in...
by HBCS | Oct 23, 2023 | Whitepaper
Why the patient financial experience is more important than ever In recent years, hospitals and health systems have demonstrated that outsourcing all or portions of the revenue cycle is an effective strategy to mitigate costs and improve results in the face increasing...
by HBCS | Feb 10, 2023 | Whitepaper
As expenses rise and staffing shortages continue, healthcare leaders are looking for new ways to cope. While most of the spotlight has been on clinical staff shortages, revenue cycle leaders are also feeling the impact. From coding professionals to A/R experts to...
by HBCS | Feb 21, 2022 | Articles, Whitepaper
The pandemic has taken its toll on healthcare staffing across the country. The problem isn’t just front-line workers; revenue cycle staff are also in short supply. Unfortunately, this comes at a time when health systems and physician organizations need a strong...
