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Beyond the Margin Squeeze: How Specialty Providers Use RCM Automation to Combat Rising Costs
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Beyond the Margin Squeeze: How Specialty Providers Use RCM Automation to Combat Rising Costs
Teri Schmidt, VP of Consulting and Business Development at SYNERGEN Health Despite a recent uptick in margins, providers continue to face significant pressure on their revenue cycles as a result of potential reimbursement cuts, workforce recruitment challenges, and higher costs. Providers in 2024 reported operating margins of 1.2%, up from -0.5% the prior year, according to a report from Fitch. Nonetheless, margins remain “well below” pre-pande…
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