• How to Boost Profitability through Revenue Cycle For Your Medical Facility

    5 monthes ago - By The Healthcare Guys

    A revenue cycle is a system used by healthcare facilities to track revenue or money paid to the facility by a patient for services offered. It involves receiving, recording, and managing client revenue by the healthcare facility. Before looking at how to boost profitability, it's crucial to address the problems that face the healthcare sector, which include:
    High Administrative costs
    Lack of transparency
    Poor patient relations
    Poor service delivery systems
    Lack of holistic approaches to patients' health
    More affordable and accessible healthcare services
    Cybersecurity threats that endanger...
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