A study in Health Affairs shows more than half (55 percent) of U.S. hospitals lose money on each patient they serve. Why is this? SCI Solutions has highlighted three major areas where revenue and patient volume are often lost: ill-managed referral networks, unused scheduling capacity, and insurance authorization denials.
Too often, healthcare organizations cling to outdated operations that actually create barriers for patients and referring providers, eating away at profit margins. The infographic illustrated below details three ways hospitals throw away money, as well as three ways for hospitals to improve hospitality.
