2017 is the year of big changes. The healthcare industry is waking up to the benefits of blockchain technology, interoperable systems and value based payments. And most importantly of automating operational and financial processes to cut back on costs and increase efficiency.
Still stuck with outdated processes?
According to a survey by Practice Profitability Index, declining reimbursement (60%) and rising costs (50%) top the major concerns of healthcare providers. Complex and time-consuming processes aggravate the downward pressures faced by medical practices. Smart practices are automating key revenue cycle functions such as AR processes to cut down on costs and manual efforts.
Read More: Systematic AR Processes
