The Mid-Year Healthcare Financial Trends Report highlights new research about the challenges health systems and physician groups are facing regarding an on-going labor shortage, especially as it relates to increasing costs and shrinking margins. While the news has largely focused on clinical staffing shortages, the labor crisis is deepening within other areas of healthcare and is adding to the financial crisis looming over the healthcare industry. This crisis is impacting all levels of healthcare and risking the patient experience and the bottom line, not to mention the ability of some hospitals, health systems and clinics to remain open. This report explores ways healthcare executives can face these issues and move forward.
In this report, you’ll learn:
- 96% of respondents feel there will be additional strain on RCM departments as patients return to elective health procedures.
- 100% respondents say that strains on the RCM department are negatively impacting the patient experience.
- Over 9 in 10 are currently experiencing a labor shortage in their RCM/billing department.