Here are five statistics on what physician practices are planning for their revenue cycle management services.
• 21 percent of practices are considering upgrading their revenue cycle management software within six to 12 months
• 88 percent of practices expect a current revenue cycle management system upgrade within six months
• 90 percent of practices seeking a revenue cycle management and practice management upgrade are considering an EHR-centric module
• 33 percent of practices are considering using a consultant to aid in product implementation and integration
• 64 percent of practices are considering a combination or new software and outsourcing services to improve revenue cycle management
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