The Economy-Busting Revenue Cycle - 5 top issues facing RCM and what to do about them

Financial hardship has touched the healthcare industry, along with the rest of the U.S. economy. According to a report from the Healthcare Financial Management Association (HFMA), more than half of hospitals surveyed reported negative total margins between June and December 2008. Facilities with more than 500 beds were the hardest hit; 80 percent had negative total margins attributed to declines in patient revenue, among other financial pressures.