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4 Strategies to Prioritize Patient Advocacy and Optimize Your Revenue Cycle
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With unprecedented financial challenges as a result of the Covid-19 pandemic, hospitals and health systems need to make tough decisions to improve cash flow and keep the organization afloat. But a crucial factor is often missing from specialized revenue cycle management conversations: the patient.
Placing the patient at the core of your specialized RCM strategy is a vital first step towards optimizing all available revenue streams and driving a positive impact on your healthcare organization’s financial health while ensuring continued patient care.
This white paper outlines the business case for patient advocacy and four concrete strategies to optimize the specialized revenue cycle. Gain insights including:
How to avoid revenue leaks at both ends of RCM operations
How to streamline complex claims processes without draining internal resources
How to enhance the patient experience while improving your cash flow
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