Today’s news stream brims with discussions around the increased levels of consolidation in the U.S. healthcare industry. Meanwhile, many healthcare providers are now asking, “What is revenue cycle management going to look like with a rise in consolidation?”
To understand any coming changes, the recent trends in consolidation need to be examined carefully by providers and their revenue cycle management companies.
The Shift to Value Based Care
National healthcare expenditures continue to rise, currently at a level of 18%, compared to only 12.5% in 1990. The onus now rests on healthcare facilities to find a way to combat this rise. Generally, they are countering with significant consolidation of services.
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