Revenue cycle has become a critical lever for health systems navigating rising costs, reimbursement pressure and increasingly aggressive payer behavior. For Ontario, Calif.-based Prime Healthcare, it is also the foundation of how the organization approaches hospital acquisitions and executing financial turnarounds. Sunitha Reddy, chief revenue officer and vice president of operations for Prime, recently joined the Becker’s CFO and Revenue Cycle Podcast to discuss the system’s “revenue cycle playbook” — a standardized, end-to-end approach designed to stabilize financially distressed hospitals, scale best practices quickly and align clinical, operational and financial performance.
Read the full article: Prime’s ‘Revenue Cycle Playbook’ for Hospital Acquisitions //
Source: https://www.beckershospitalreview.com/finance/primes-revenue-cycle-playbook-for-hospital-acquisitions/