According to a recent report by Bain, M&A activity has been ramping up in the healthcare industry. Last year, total deal valuation reached an all-time high of $435 billion, an amount that is only expected to increase in 2019 and beyond.
In 2018, a prominent Illinois hospital reported a $92 million accounting error after discovering they had heavily overestimated their accounts receivable (AR).
According to healthcare C-levels, improving the consumer experience is a top priority in 2019. And this is especially true for CXOs within competitive markets. It’s no wonder when NRC and CHRISTUS Health have found that convenience is the top factor a prospective patient will use to choose a primary provider.
With so many innovations in healthcare operations over the past 5 years, providers need strong revenue cycle leadership more than ever before. In fact, the need for healthcare leaders like revenue cycle managers is projected to increase by 20% between now and 2026.
on Jul 16, 2019 12:19:00 PM By |
Jessica Toney
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With the individual mandate penalty was eliminated in 2017, the constitutionality of the entire Affordable Care Act (ACA) is being called into question.
The new 2017 tax law is projected to provide $6 million in capital to economically distressed communities across America. The law will provide incentives for financing property development, startups, and small businesses.