COVID-19 REPORT: Hospitals Need Lost Charge Recovery
Now More Than Ever
The Coronavirus pandemic is causing significant financial distress to hospitals. Revenues are being threatened due to reductions in elective procedures, concerns over the financial ability of private-pay patients to pay, and other billing challenges caused by the treatment of coronavirus-afflicted patients. Work from home mandates has added another layer of complexity to an already complex situation. `Now, more than ever, every dollar in charges captured today and future missed charges avoided is critical. The pace of improvement always changes based on the need.