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PMMC Healthcare Revenue Cycle Blog
Stay up to date on best practices for healthcare revenue cycle management with PMMC's blog.
CMS & Transparency | Patient Engagement | Patient Estimates
The Real Cost of Inaccurate Patient Estimates in Healthcare
Hospitals today face critical revenue cycle challenges, from staffing shortages to updating legacy billing systems. Yet, inaccurate patient estimates often go overlooked, quietly draining revenue, eroding trust, and causing operational inefficiency. Ensuring accurate estimates isn't just beneficial—it's essential for financial health and patient satisfaction.
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Counting the Costs of Inaccurate Patient Estimates
Since early 2020, hospitals have been contending with unprecedented challenges that have negatively impacted their revenue and profitability. Throughout 2022, 53% of hospitals had negative margins, according to the American Hospital Association, and even those projected to end the year with positive margins are still recouping from the financial hurdles of the last few years.
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Top 5 Revenue Cycle Management Companies (And How to Choose)
With over 400 hospitals and health systems nationwide equipped with the latest revenue cycle management (RCM) software through an integrated platform, PMMC is recognized as a leading provider of RCM software and services.
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Dear Hospital C-Suite: Why Your Prices Matter To Me
It’s no secret that healthcare prices have skyrocketed over the last 20 years. It seems like everyone has a personal story (or knows someone) who has had sticker shock for a healthcare service.
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