A better revenue cycle
As a healthcare executive, you’re at the forefront of challenging economic times. The news is filled with stories about hospitals and health systems filing for bankruptcy—or consolidating and merging. How do you maintain profitability amidst the rise of high-deductible health plans, increased competition, and the transition to value-based payment models?
Increasingly, hospitals are looking to their revenue cycle to reduce costs. Many are tracking yield to measure the overall effectiveness of their revenue cycle initiatives, both front-end and back. Not only does tracking yield help demonstrate return on investment, but it’s a better way to measure initiatives, like training, that might otherwise be overlooked.
As you look for ways to adapt to a changing healthcare environment, look to Availity. We know how to streamline critical workflows to help you improve collections from both patients and payers.