It is no secret that healthcare providers are struggling to streamline their cash flow because getting patients to pay in a timely fashion is not always an easy job. Medical debt in the United States has become so commonplace that Forbes reports as many as half of Americans have some kind of medical debt.
One of the most pressing challenges facing ASCs and healthcare organizations today is pervasive staffing shortages. While nursing shortages are nothing new to healthcare industry veterans, the Covid-19 pandemic pushed the issue to a critical turning point.
Modern facilities have a number of challenges to tackle on any given day. The ultimate challenge is to figure out how to keep improving your services, increasing patient satisfaction, as well as running an efficient and profitable ASC without bankrupting your most valuable resource — time.
In a bid to mitigate the damage of a mysterious global outbreak, governments worldwide implemented a series of restrictive actions to COVID-19 such as lockdowns, mask mandates, and social distancing. This period of isolation had far-reaching consequences on societies around the world, and created a dramatic surge in the use of digital technologies. In response, the public has grown accustomed to such technological solutions in all aspects of life — remote education, remote work and remote health services have suddenly become a necessity, and not merely a luxury. According to research provided by the International Telecommunications Union (ITU), during the pandemic the number of internet users worldwide grew from 4.1 billion in 2019 to 4.9 billion in 2021.
Healthcare providers across the board, including surgical facilities, struggle to streamline their revenue because getting patients to pay is not always easy. In fact, medical debt in the United States has become so commonplace that Forbes reported no less than half of Americans struggling with some kind of medical debt.