healthcare billing

Health Tech

Nearly half of providers are behind on revenue goals amid RCM department labor shortages, report shows

Nearly half of health systems and physician groups in the U.S. are behind on their 2022 revenue goals, and healthcare executives are worried about increasing costs, shrinking margins and the impending recession, according to a new report. It also found that most healthcare organizations' revenue cycle or billing departments are struggling with labor shortages, leading operational inefficiencies and negative patient billing experiences.