According to a report by the American Hospital Association (AHA), overall hospital expenses increased by 17.5% between 2019 and 2022. Healthcare systems across the U.S. have been plagued by rising supply and labor costs. In response, organizations of all sizes are revisiting their revenue cycles to uncover and eliminate inefficiencies. A revenue cycle audit holds the key to financial stability and adequate cash flow. Our revenue cycle audit checklist will outline how you can conduct this valuable analysis and learn more about your organization’s fiscal health.
Rivet is a Utah-based SaaS billing platform that offers solutions such as patient cost estimation and revenue cycle management for the healthcare industry.