«According to research from Kaufman Hall, 2022 has been the worst financial year for hospitals since the pandemic, with national operating margins at -0.98% through July, marking the seventh negative month in a row.»

«It’s, therefore, no surprise many healthcare financial leaders are looking to technology to help reduce costs and boost revenue. Many health systems and hospitals have turned to automation and AI to provide scalable solutions for these complex and multi-layered operational challenges. In fact, 78% of health systems are currently using or are in the process of implementing automation within the revenue cycle.»

Article written by Varun Ganapathi



HIT Consultant