Protect your revenue cycle amid economic uncertainties

Healthcare is said to be recession resistant. After all, people need care, whatever the economic conditions. However, “recession resistant” does not mean collections aren’t affected by shifts in the economy or other crises beyond a provider’s control.

Just as worrisome as recession, inflation destabilizes the revenue cycle. Unemployment and the impact that has on health insurance is a constant consideration. Even natural disasters can throw a region into disarray. And now the threat of cyberattack presents yet another threat to the payment system. How can providers best prepare for these risks and sustain the efficiency of their revenue cycle operations? A big part of that preparation is optimizing patient collections.

Download our latest eBook to gain insights into:

• Ways providers can prevent revenue from slipping through the cracks
  
• Ease cash flow pressures and protect against outside influences
  
• Learnings from healthcare providers mitigating their exposure to these risks.