Healthcare organizations depend on revenue generation to continue providing services for their communities. When revenue lags, revenue cycle optimization can address the issue quickly as long as your billing team has enough expertise.
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Have you noticed a recent rise in reimbursement claims denials? Denied claims are increasing across the U.S., creating a frustrating and precarious situation for regional hospitals.
There are more than 8,400 regional hospitals in the U.S., which is down from about 9,000 a decade ago, but slightly up since 2020. Regional and rural hospitals face a harsh set of circumstances different from major metropolitan areas.
Medical billing is complex and there’s always the potential for mistakes to happen. Any problem can be costly for a federally qualified health center (FQHC) as it uses its scarce resources to serve medically underserved populations.
Staffing is one of the healthcare industry’s most frustrating challenges. The National Association of Community Health Centers (NACHC) reports that 68% of U.S. health centers have lost between 5% and 25% of their workers within the past 6 months. Another 15% have lost 25% to 50% of their workers during the same period.