DOING MORE WITH LESS : Calculating the ROI of digital Medical Records Classification
Over the last decade or so, the cost pressures facing healthcare providers have increased dramatically. Where once costs were kept relatively private between health system and payers, the push for transparency and the growth in healthcare consumerism has changed.
Today patients and payers expect competitive pricing. To remain competitive, health care systems must lower costs to meet demands. For most organizations, achieving this goal means doing more with less.
This push for efficiency has upended many traditional healthcare financial strategies. Organizations must focus on its entire financial puzzle, understand how the pieces best fit together and protect it all from external forces, like competition, and unforeseen circumstances, such as a worldwide pandemic.