Determining the right fiscal initiatives are at the forefront of every healthcare finance leader’s mind due to COVID-19 and its impact on margins – from furloughs, to reducing capital expenditure and focusing on debt collection. But margins were thin even before COVID-19 due to leakage in the mid-revenue cycle, with a 250-bed hospital losing up to $11M annually. Now with payer denials up 25% due to the CARES Act (Source: XIFIN claim data), hospital finance leaders need to think beyond short-gain fiscal initiatives to recover lost revenue.
Join health system revenue cycle leaders for a discussion on:
- COVID-19 financial recovery trends, based on a real-world analysis of 600+ U.S. hospitals, and fiscal initiatives that are being deployed today
- The impact of the CARES Act on payer denials and what changes you can make today
- New technologies that focus on the mid-revenue cycle in order to fully capture earned reimbursement and drive quality