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3 Traits of Modern Digital Workspace Leaders

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Survey Highlights Issues with Revenue Cycle Management for 2024

When it comes to revenue cycle management, healthcare leaders are concerned about timely patient collections, managing denials, and hiring and training staff in 2024, new data found.

The survey, commissioned by Salucro Healthcare Solutions, included responses from 176 healthcare professionals.

Half of respondents are generally satisfied with their organization’s revenue cycle management, with 34 percent saying it is somewhat efficient and 16 percent calling it very efficient. However, when differentiating between executive leaders and hands-on revenue cycle leaders, the latter is less likely to rate their system as efficient or view it neutrally compared to the former.

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    As organizations modernize their data architecture, they’re also under pressure to show value from that technology investment. And many aren’t seeing the ROI they expect.

    More than 55% of software licenses go unused. Most companies fall below 30 percent on cloud resource utilization—and, in some cases, below 10 percent. 93% of organizations have underutilized analytics skills.

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