Maintaining a healthy cash flow is crucial for navigating financial challenges and ensuring the sustainability of healthcare services.
That's why we are thrilled to announce our latest white paper, “RCM Partnerships: A Strategic Approach to Improving Financial Resilience.” This paper delves into the significant advantages of collaborating with a seasoned Revenue Cycle Management (RCM) vendor like MEDTEAM to enhance financial performance.
In this comprehensive guide, we explore key challenges faced by healthcare providers, including:
High Denial Rates: With 10 to 20% of healthcare claims denied by health insurance, hospitals can lose an average of $35 per claim.
Regulatory Changes and Workforce Shortages: Smaller and rural healthcare organizations often struggle with the rapid changes in billing requirements and payer reimbursement practices.
Impact of Value-Based Care: The shift towards value-based care, combined with high-deductible plans and decreased reliance on Medicare and Medicaid, poses unique challenges, especially for rural hospitals.
We invite you to explore the full white paper and discover how partnering with MEDTEAM can bolster your financial resilience.
“When we call MEDTEAM, it is great that they are always on board working to help us, whatever the need is.” - Chief Nursing Officer
Stay in the loop
Connect with us on social media or give us a call at 1.844.615.1803
