Tag Archives: Physician groups

Outsourcing Healthcare Accounting Services: A Necessity or Choice?

Healthcare-Accounting-ban

Healthcare payers are in the midst of unprecedented transformation as rising healthcare costs, changing patient demographics, stringent regulations, and empowered consumers push for a smarter and more efficient healthcare system for tomorrow. However, the biggest concern for the healthcare providers is mismanagement followed by ineffective cash collection practices at physician offices and other smaller hospitals. The physician groups and individual medical practitioners have traditionally been focused on patient billing and have been unable to implement effective financial controls across their revenue cycle leading to revenue leakages.

Continue reading Outsourcing Healthcare Accounting Services: A Necessity or Choice?