Automating Billing Processes To Increase Revenue

I just read that automation of revenue cycle management has increased by 12% from 2020 to 2021. Now, 78% of health systems and hospitals are using automation to decrease the cost of billing and increase earned revenues. And 37% of organizations currently not using automation plan to do so this year or sometime in 2022. These were the findings of a recent national survey conducted through the Healthcare Financial Management Association’s Pulse Survey program by Akasa (see Automation In Healthcare Revenue Cycle Operations Jumps From 66% To 78% In Less Than A Year).

This is no small issue as . . .