A clean, successful Revenue Cycle Management (RCM) process is critical to your organization’s fiscal health and opens the door to providing high quality services and a sustainable work environment. Healthcare revenue cycle is tightly woven into the patient journey, from scheduling the appointment to the remaining zero balance on their account. A solid RCM ensures timely revenue, steady collections, and financial viability, allowing organizations to direct more of their focus on care delivery. Cantata’s RCM solution can help organizations achieve this!
Workers have been leaving the healthcare industry in droves over the past few years. Since February, 2020, hospital employment has decreased by nearly 94,000, including over 8,000 between August and September, 2021, alone. Another study predicted there will be a critical shortage of 3.2 million healthcare workers by 2026. Although the COVID-19 pandemic may have been the last straw for healthcare workers, long shifts, little time off, and hectic work environments were other driving forces behind the decision to quit.
The impact of COVID-19 altered the way behavioral healthcare operates and sets objectives. Many Americans were out of work, uninsured, and/or dealing with a new or existing behavioral health disorder, such as depression, anxiety, or substance abuse. The demand for mental health services did not match the resources available, causing those issues to worsen throughout the pandemic.
Halloween is a scary time of year with all the horror movies, ghost stories, jack-o-lanterns, witches, goblins, vampires, and other terrifying creatures on display—but at least this ends on November 1st. Medical errors haunt patients, physicians, and healthcare organizations year-round.
Today, people think more like consumers than patients and have plenty more options when shopping around for a new care provider. Therefore, they must think like patients and ask themselves: “what type of experience would I like while receiving care?”