Reducing Administrative Costs

U.S. hospitals, when compared to other non-third world countries, have the highest administrative costs (averaging 25% of total spending) and our current model of care does not indicate a significant change in the next 5-10 years.

Within the business office area of revenue cycle this translates into a demand for hyperspecialization to ensure the correct skills sets are focused on the correct activities in order to maximize billing and collections while maintaining process efficiency.