Revenue Cycle Professionals Now the Smartest People in the Room

Patient advocates may not want to admit it, but healthcare reform is all about money. Most of the changes are about controlling costs, not improving healthcare. By increasing regulation and demanding more reporting, the government is looking to reduce medical costs, and more specifically, decreasing government spending on healthcare.

One can argue about whether this is an effective approach to improve medical care for patients, but it has elevated revenue cycle professionals into, arguably, the most important people in the healthcare industry.

In this age of healthcare reform, it’s all about finding the money, either by locating sources that were previously untapped, or exploiting those areas of healthcare that have the highest margins. And revenue cycle professionals are getting better and better at doing this.