A lot of organizations do not have the resources or the time to research enough to find and plug all sources of revenue leakage. While it may sound insiginificant, just 1-3% loss of net charges can translate to a loss of millions of dollars for your organization.
With value-based reimbursement (VBR) becoming prevalent, the charges captured today drive not just your current revenues, but will also set the tone for future reimbursements. If you do not fix these leaks now, it could mean the difference between surviving and collapsing in another pandemic situation like COVID. An ever more competitive environment and unforeseen circumstances mean that saving for the rainy day is more important now than ever before. We are sure, you don’t like leaving money on the table!