Strong leadership is the most important factor contributing to a successful revenue cycle, according to a June 4 report from Sage Growth Partners.
Sage surveyed 115 C-suite executives, including CFOs, revenue cycle executives, CIOs, and other finance, IT and operations professionals.
Here is what the C-suite leaders said were the most important factors contributing to the success of their organization's revenue cycle:
1. Strong leadership: 70%
2. Experienced staff: 66%
3. Well-structured payer contracts: 62%
4. Well-thought-out processes: 53%
5. Innovative technology: 46%
6. Sufficient resources: 43%