White Paper

Optimizing Revenue In Uncertain Times

Optimizing Revenue In Uncertain Times

Pages 17 Pages

Overview In February 2021, the American Hospital Association (AHA) released sobering statistics compiled from an analysis by Kaufman, Hall & Associates, LLC about revenue losses the healthcare industry can expect in 2021. In a positive economic outcome, hospitals and health systems are on track to lose $53 billion in revenue while in a downturn, total revenue losses are projected to total $122 billion. Attributing to a portion of these losses are patients that delayed care, either out of caution or because their preferred facilities were not open for non-urgent medical cases. needs. Surveys show anywhere between 30-40% of Americans chose to avoid urgent care and forgo appointments such as cancer screenings, routine wellness exams, and chronic co

Join for free to read