A shortage of clinicians isn't the only staffing issue hospitals are experiencing. Revenue cycle teams have also been impacted. According to one recent survey, 55% of healthcare finance leaders say they have a shortage of billing specialists and 42% said they have a shortage of patient follow-up staff.
While hiring more revenue cycle staff could help, that's increasingly not an option in today's highly competitive market. One solution to mitigate these challenges - strategically outsourcing the revenue cycle management.
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