“Burdened by expensive fixed assets, redundancy, and inefficient utilization levels, health systems need a major course correction if they are to provide 24/7/365 access, shift care to virtual and lower-cost settings, manage new competitive threats, and meet rising consumer expectations. Becoming 2 to 3 percent more operationally fit each year will not keep pace with the rate of change required.” – Geoff Martin, COO & Managing Principal, GE Healthcare Partners
1. Reimbursements Will Continue to Shrink
2. Commercial Carriers Will Continue to Shift More Costs to Patients

Source: HFMA-Navigant RCM Survey (2019)
3. Retail Clinics and Telemedicine Will Have a Greater Impact

4. The 2020 Election Will Be a Major Turning Point
5. Patient Engagement Will Come Into Sharper Focus
6. A/R Collector Productivity Will Become a Top Priority
Disclaimer: Ontario Systems is a technology company and provides this blog article solely for general informational and marketing purposes. You should not rely on the content of this material for any other purpose or as specific guidance for your company. Ontario Systems’ advice, services, tools and products described herein do not guarantee compliance with any law or industry standard. You are ultimately responsible for your own company’s actions and compliance efforts. Because everyone’s situation is different, you must consult your own attorneys, accountants, and/or other advisors to obtain specific advice on your company’s compliance, legal, tax, regulatory and/or other business needs. Despite Ontario Systems’ efforts to provide current and up-to-date information, you need to recognize that the information contained herein may become outdated quickly and may contain errors and/or other inaccuracies.
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