Nearly half of revenue cycle and finance leaders surveyed said timely patient collections is their biggest concern in 2024, according to a Jan. 23 report from Salucro Healthcare Solutions.
The health payment technology company's Healthcare Provider Fintech Insights Report is based on a survey of 176 healthcare professionals.
Here are the top five challenges facing RCM teams in 2024, according to the report:
1. Timely patient collections: 48%
2. Managing denials: 36%
3. Hiring and training staff: 32%
4. Data analytics and reporting: 26%
5. Maintaining security and compliance: 13%