Why getting the finances right matters
Healthcare today is a mix of payment models, third-party payers, complex regulations, and codes. A practice’s survival depends upon getting the finances right. As getting paid appropriately and accurately for rendering medical services has grown more complex, so too has the importance of having an effective Revenue Cycle Management solution.
The 2019 CAQH Index® report found a 15% increase between 2018 and 2019 in the total volume of healthcare transactions across the U.S., with only 7% of these being manual transactions.