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As early as March 2020, hospital revenue streams began taking a huge hit due to the cancellation of elective procedures, which along with increased costs had a significantly negative impact on the industry’s credit outlook. Revenuecycle optimization – 78%. Account for heightened PPE usage now and in the future, and.
The majority of Americans live paycheck to paycheck – gone are the days of having savings accounts to cushion against unexpected costs. In May, a post put up by paymentsjournal.com highlighted that in 2020, “ patients with commercial insurance would be responsible for 20-35% of the cost of the healthcare they received ”. Here’s why.
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