Although the worst of the COVID-19 pandemic may be behind us, the results of the pandemic — including rising expenses in healthcare — are lingering. One study found that healthcare spending in 2020 ...
As data breaches continue to threaten businesses of all types, healthcare professionals have a lot at stake. The Health Insurance Portability and Accountability Act (HIPAA) is a behemoth of a force ...
If your healthcare organization has outgrown your basic accounting software and you're looking for more functionality and integration with other systems, you may want to find an ERP specific to ...
The healthcare industry has gotten more regulated, competitive, and data-centric than ever. This means that your healthcare organization needs to do whatever it can to ensure that it is accurately ...
Rural healthcare organizations serve their communities as the key point of care for roughly 20 percent of Americans. Due to the location, rural healthcare organizations face significant healthcare ...
As Cerner states, Healthcare is too important to stay the same. And we completely agree.
Healthcare information technology is predicted to reach a value of $511 billion by 2027. Healthcare software is becoming even more prevalent and important as the COVID-19 pandemic continues. With ...
It’s vital for finance healthcare professionals to stay abreast of what’s happening in their industry, especially since events like COVID-19 have dramatically reshaped how healthcare is delivered on ...
It can occur on a spreadsheet or a scrap of paper. Or with a misplaced digit or a mistyped decimal point. A harmless accounting error becomes a harmful mistake. A simple discrepancy turns into a ...
Being able to explain the fundamentals of hospital accounting is important for a number of reasons. First, the accounting team needs to understand what systems and healthcare accounting software they ...
Hospitals have one of the most complex accounting structures. In addition to multiple internal entities and closely integrated third-party partners, patient accounting has to deal with different ...
Agility in Healthcare The idea of being an agile healthcare organization is not a new concept. In 2017 McKinsey produced a significant amount of work that highlighted the importance of agility in a ...