Becker's Hospital Review

June 2017 Issue of Becker's Hospital Review

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46 Executive Briefing Shifts in payer mixes and reimbursement structure are not slowing down. More and more organizations are seeking help managing the complexity of the revenue cycle. You don't have to do it alone. Debunk the myth: Outsourcing RCM doesn't mean you'll lose control. Three good reasons to outsource RCM "The regulatory environment today is pretty onerous, a lot of organizations struggle to get staff up to a particular skill level, know solutions appropriately and stay ahead of market growth. An RCM partnership becomes an attractive alternative because of the size and scale a partner can offer." Jason Rawlings Vice President Cerner RevWorks 1 2 3 Improves viability, sustainability and profitability Placing the burden of staff training and retention on a partner increases efficiency, and leads to faster reimbursement and a more stable cash flow Lessens administrative burden Reducing human error and inefficient, manual processes can free up providers to focus on patient care Increases preparedness for industry change Keeping up with regulatory mandates, adapting to new payment models and preparing for tomorrow's trends leads to future flexibility To learn more about the benefits and best practices of outsourcing all or part of your RCM operations, download the Partnering for Success whitepaper at cerner.com/partneringforsuccess. Build a healthier bottom line.

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