The survey includes responses from 472 healthcare executives who are members of ACHE.
The top ten financial challenges according to healthcare executives are as follows. The percent figure indicates the portion of respondents who reported each issue as a challenge.
1. Medicaid reimbursement — 83 percent
2. Government funding cuts — 81 percent
3. Medicare reimbursement — 72 percent
4. Bad debt — 69 percent
5. Decreasing inpatient volume — 61 percent
6. Increasing costs for staff, supplies, etc. — 52 percent
7. Inadequate funding for capital improvements — 43 percent
8. Other commercial insurance reimbursement — 40 percent
9. Managed care payments — 35 percent
10. Revenue cycle management — 34 percent
More Articles on Healthcare Executive Concerns:
ACHE President and CEO Dr. Thomas Dolan: 4 Challenges Executives Face
11 Most Pressing Issues for Hospital CEOs
8 Key Issues for Hospitals and Health Systems — 2013
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
