Healthcare’s economic potential: Strategies for enhanced revenue cycle management and loss prevention
- Authors
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Kristine Sulakadze
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- Keywords:
- healthcare, healthcare economy, healthcare management, healthcare finance, artificial intelligent, revenue reporting, revenue cycle management, loss prevention, big data processing, digital health innovation
- Abstract
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Maximizing economic efficiency in healthcare requires a focused approach to strengthening Revenue Cycle Management (RCM) and minimizing financial losses. This article examines the key factors that influence the financial stability of healthcare providers, highlighting the critical role of effective RCM strategies. It outlines practical methods to enhance revenue capture, such as leveraging automation, improving billing accuracy, reducing claim denials, and implementing data-driven decision-making. Additionally, the article discusses preventative measures to limit revenue leakage, including staff training, regulatory compliance, and internal auditing. By adopting a comprehensive and proactive financial strategy, healthcare organizations can improve cash flow, ensure sustainable growth, and unlock their full economic potential.
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- Published
- 2025-11-23
- Issue
- Vol. 21 No. 2 (2025)
- Section
- Articles
- License
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Copyright (c) 2025 Tax Policy Journal
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
