Optimizing the Revenue Cycle: 5 Strategies for Healthcare Organizations
The global revenue cycle management market is expected to grow at an annual rate of 12.1%, hitting $55 billion by 2024, according to a report from Market Research Engine.1 Investing in technologies, however, is just the beginning for many healthcare organizations seeking to make improvements to their revenue cycle management operations. Shedding light on key strategies that could be leveraged to ensure healthcare organizations optimize revenue cycles are perspectives gleaned from Hamilton Todd, senior revenue analyst — revenue cycle at Mayo Clinic; recently published Healthcare IT News articles; and speakers slated to present at HIMSS20.