How to improve revenue cycle management: 5 tips - MedCity News

As the world continues to battle Covid-19, its effects on population health are just one facet of the crisis. The economic fallout is also seriously impacting both people and businesses, including hospitals and other healthcare facilities. The American Hospital Association (AHA) estimates the country's hospitals and health systems could lose $120.5 billion between July and December 2020. This is in addition to AHA's previous financial impact estimate -- losses of $202.6 billion between March and June 2020 -- bringing total losses for the calendar year to at least $323 billion. Half of all hospitals could be operating in the red during the second half of 2020, according to analysis prepared by Kaufman Hall and released by the AHA.