{"id":690092,"date":"2022-09-29T06:33:19","date_gmt":"2022-09-29T10:33:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\/"},"modified":"2022-09-29T06:33:19","modified_gmt":"2022-09-29T10:33:19","slug":"r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\/","title":{"rendered":"R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management"},"content":{"rendered":"<h2>\nIndependent reports highlight today\u2019s top challenges and best practices during challenging financial times<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">MURRAY, Utah, Sept.  29, 2022  (GLOBE NEWSWIRE) &#8212; R1 RCM Inc. (NASDAQ: RCM) (\u201cR1\u201d), today released two comprehensive reports that explore financial challenges facing the healthcare industry and novel ways executives are overcoming them through revenue cycle management (RCM) partnerships. Labor shortages, shrinking margins and supply chain issues are dramatically impacting the patient experience, and affecting the ability to deliver high-quality care both clinically and administratively. Healthcare leaders are charged with finding new, innovative ways forward.<\/p>\n<p>The <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8ng-fKsozZKrASqxOnhk2gM_MlSC2va-nWnqIfL5rUSi__-YJSZHwsBrHXH5J4-xKUilzTRJ37SGo04yYSXX0xHQ2EYCtGpdAY8WviI9mPqWegZrBiu6gL7OF63TcpM6QLBXU-JdNb8XrrA1Xc5vsiMCL5ZNhrBFFeizCb2ecllix9MEdG7xZe01ywl1x1-B\" rel=\"nofollow noopener\" target=\"_blank\"><strong>2022 Mid-Year Healthcare Financial Trends Report<\/strong><\/a> discusses today\u2019s top priorities, concerns and trends for health system and physician group executive leaders. The report contains key takeaways from the survey of over 200 CFOs and VPs of revenue cycle, including:<\/p>\n<ul type=\"disc\">\n<li>96% of respondents feel there will be additional strain on RCM departments as patients return to elective health procedures<\/li>\n<li>46% are behind on 2022 revenue goals<\/li>\n<li>\n          <em>All<\/em> respondents say that strains on the RCM department are negatively impacting the patient experience<\/li>\n<\/ul>\n<p>The research brief, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CrxUT3ltXwwI8IzPuN88yOntbV8DxjaYv8G2MqCXh_S7CxmM9QVAx-KuiPciskcBaw6agvUV3AX8Lw-xIz4EyW8ltwfrkd-8ZiNSr83f1g5kaEmIDCGx4QFSrkl3WwN5oKWaY7jINgLIQGJMwceniVSh7w-5RbGbJ-PXgHq9H22bn9IqeT-SbYGJVZBLnRRz\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Vetting the Right Revenue Cycle Partner<\/strong><\/a> developed by The Health Management Academy and sponsored by R1 &#8212; provides insights on driving efficiency and financial outcomes in revenue cycle management, including:<\/p>\n<ul type=\"disc\">\n<li>Factors to consider when evaluating RCM partnerships<\/li>\n<li>Three major obstacles to a successful RCM partnership and how to overcome them<\/li>\n<li>Four reasons leading health systems pursue RCM partnerships<\/li>\n<li>The two primary approaches to an RCM partnership and the four differences between them<\/li>\n<\/ul>\n<p>The brief includes insights from 40 quantitative survey responses and eight qualitative, in-depth interviews among C-Suite Executives well as VPs and Directors in finance and RCM roles at leading health systems.<\/p>\n<p>\n        <strong><br \/>\n          <u>About R1 RCM<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1\u2019s proven and scalable operating models seamlessly complement a healthcare organization\u2019s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more, visit: r1rcm.com.<\/p>\n<p>\n        <strong><br \/>\n          <u>About The Health Management Academy<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>The Health Management Academy (The Academy) powers our community to drive health forward. Our community is made up of healthcare\u2019s most influential changemakers including executives from the top 150 U.S. health systems and the most innovative industry partners. We power our members by building our community and fostering connections through executive peer learning. We support professional growth through talent and development. We accelerate understanding by delivering timely and actionable data and insights on key challenges. And we catalyze transformation by building alliances in areas where the power of the collective is greater than the power of one.<\/p>\n<p>More information is available at hmacademy.com.<\/p>\n<p>\n        <strong><br \/>\n          <u>Contact<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Natalie Pacini<br \/>415.335.7641 ext 43<br \/>natalie@highwirepr.com<\/p>\n<p>\u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NTQyNSM1MTc3NjUxIzIwMDkxOTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OWJlNmI1NDctNjM2MC00ZmIyLWIxODUtZDRmZDM5OGZmM2U0LTEwMjA3Njg=\/tiny\/R1-RCM-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Independent reports highlight today\u2019s top challenges and best practices during challenging financial times MURRAY, Utah, Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; R1 RCM Inc. (NASDAQ: RCM) (\u201cR1\u201d), today released two comprehensive reports that explore financial challenges facing the healthcare industry and novel ways executives are overcoming them through revenue cycle management (RCM) partnerships. Labor shortages, shrinking margins and supply chain issues are dramatically impacting the patient experience, and affecting the ability to deliver high-quality care both clinically and administratively. Healthcare leaders are charged with finding new, innovative ways forward. The 2022 Mid-Year Healthcare Financial Trends Report discusses today\u2019s top priorities, concerns and trends for health system and physician group executive leaders. The report contains key takeaways from the survey of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690092","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Independent reports highlight today\u2019s top challenges and best practices during challenging financial times MURRAY, Utah, Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; R1 RCM Inc. (NASDAQ: RCM) (\u201cR1\u201d), today released two comprehensive reports that explore financial challenges facing the healthcare industry and novel ways executives are overcoming them through revenue cycle management (RCM) partnerships. Labor shortages, shrinking margins and supply chain issues are dramatically impacting the patient experience, and affecting the ability to deliver high-quality care both clinically and administratively. Healthcare leaders are charged with finding new, innovative ways forward. The 2022 Mid-Year Healthcare Financial Trends Report discusses today\u2019s top priorities, concerns and trends for health system and physician group executive leaders. The report contains key takeaways from the survey of &hellip; Continue reading &quot;R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-29T10:33:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NTQyNSM1MTc3NjUxIzIwMDkxOTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management\",\"datePublished\":\"2022-09-29T10:33:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/\"},\"wordCount\":471,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODY1NTQyNSM1MTc3NjUxIzIwMDkxOTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/r1-rcm-releases-two-reports-focused-on-improving-financial-outcomes-and-driving-efficiency-in-revenue-cycle-management\\\/\",\"name\":\"R1 RCM Releases Two Reports Focused on Improving Financial Outcomes and Driving Efficiency in Revenue Cycle Management - 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