With increasing patient payments, greater consumerism, and a mounting emphasis on cultivating patient satisfaction and loyalty, the ?revenue cycle paradigm is shifting. Forward-thinking organizations are realizing the need to make business operations more patient friendly by developing and implementing a patient-centered revenue cycle. ?Such an effort requires a focus on four key strategies: integrating physician-hospital operations, offering greater price transparency, promoting revenue cycle efficiency, and elevating patient financial communication.

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Publication Date: Sunday, November 01, 2015