Four Mistakes to Avoid

Healthcare organizations lose one to three percent of revenue to leakage annually, an estimate many consider conservative based on the resources dedicated to identifying and recouping lost cash. This means that even at one percent, a $500 million health system could lose as much as $5 million in revenue every year.

Most chief financial officers know their organizations collect less than what they’re owed, but they often can’t identify the source or extent of revenue leakage. This paper gives a brief overview of the missteps organizations commonly make when attempting to address revenue leakage, that if left unchecked can derail a revenue integrity program.

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In this whitepaper, readers will gain insight into strategies and trends, including: 

The Benefits of Controlling Revenue Leakage

Revenue leakage is a moving target whose sources are constantly changing and often hidden. Learn how a holistic approach to proactively tackle revenue leakage can yield a 1.5% improvement in net patient revenue.

Common Missteps Made When Addressing Revenue Leakage

When left unchecked, small losses can, over time, impact healthcare providers' financial performance substantially. While there are many proven strategies available to help address revenue leakage, there are also some common missteps that can derail a revenue integrity program.