asc revenue cycle management solution

The Benefits of Outsourcing RCM

As health systems face pressure to increase cash flow and/or cut costs, many ASCs are outsourcing their revenue cycle management, which ultimately can help with both.

This is understandable – the practice of outsourcing RCM is just starting to become more widely adopted, and a poorly done transfer of systems can be fatal to an ASC. Furthermore, most ASCs are doing “fine” on this front, and don’t see the need for a change. They don’t realize that simply doing “fine” isn’t good enough anymore. There is far too much money being left on the table and ICD-10 will make the old way of doing things untenable.

There are four key benefits to outsourcing your RCM:

Stay tuned each week as we dive deeper into each of these outsourcing benefits, starting next week with leveraging expertise.