United States

Revenue Cycle 3.0 - Harnessing the power of process analytics and automated workflow

Aug 21, 2014
From the Healthcare & Life Sciences Institute

These are not easy times for financial operations at many U.S. healthcare organizations.

On the one hand, margins are getting squeezed: according to a recent analysis by Modern Healthcare, average margins at U.S. health providers fell by almost 14 percent between 2012 and 2013. At the same time, most organizations are now also expecting an increase in overall activity (as more Americans become eligible for health insurance) and a decrease in reimbursement (as healthcare systems move towards new payment models).

Left unchecked, these trends seem to suggest that healthcare organizations will soon be doing more, only to get less.