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Daily Archives: January 14, 2019

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Revenue-Cycle-Reports-Drives-better-blog

Access to Revenue Cycle Reporting and Analytics Drives Better Financial Planning

BlogBy medtekJanuary 14, 2019

Last year, on average, healthcare facilities saw their financial margins drop a dramatic 5% because of an inefficient revenue cycle, according to an Advisory Board study. The primary culprits were: underpayments, claim denials, and subpar contract negotiations with commercial payers. Data and analytics are essential for evaluating the health of your revenue cycle, identifying where…

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