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Cost to Collect in Revenue Cycle Management: Benchmarks Every Healthcare Organization Should Know
Healthcare organizations today are under constant pressure to improve financial performance while managing rising operational costs, staffing shortages, payer complexities, and increasing claim denials. One of the most important metrics that directly reflects the efficiency of a revenue cycle is the cost to collect. Many healthcare leaders focus heavily on collections and reimbursement speed, but they often overlook how much money is being spent to recover that revenue in the first place. A…