How an RCM platform strategy can boost financial performance

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How is healthcare financial performance affected by managing multiple vendors? What contributes to a winning revenue cycle management (RCM) strategy?

Recent research examined both — and captured perspectives from 36 CXOs across 36 health systems with $2+ billion in total operating revenue.

According to the joint study by Waystar and The Health Management Academy (THMA), organizations rely on RCM partnerships to meet their revenue cycle needs, improve cash flow, manage costs, and allow them to focus on delivering care. Nearly 75% of organizations juggle more than four RCM partners, which begs the question: Could consolidation reduce costs, increase efficiency, or improve revenue performance?

Download the report to find out, and to unlock insights on:

Why leading healthcare systems are moving toward consolidation
How to win with a platform strategy
What to look for in a new RCM platform and partner