Lower your administrative costs with smart, small changes that can reshape outcomes and keep providers happy.
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| Hi there, Did you know that the U.S. healthcare system spends $200 billion annually on administrative costs? Hidden costs may be lurking in your provider operations, too. In Medallion’s Elevate 2024 session on addressing healthcare’s financial future executives from General Atlantic, Transformation Capital and Flare Capital Partners, unpacked how delays and inefficiencies across provider operations could be quietly draining your revenue—faster than you think. Here are their five takeaways to help you transform your operations into pure profit: AI isn’t changing healthcare’s mission—but it’s revolutionizing the how. From data entry to tracking, automation can eliminate bottlenecks, freeing your team to focus on what matters most. As healthcare evolves, so do the challenges. Incomplete teams and limited early ROI data mean leaders are adapting to stay efficient. When payers and providers leverage AI together, slowdowns disappear. And processes run smoother—resulting in faster, more efficient provider operations. Healthcare budgets are under pressure, but innovation keeps us moving forward. Now’s the time to streamline, optimize, and cut excess costs. Blending virtual and in-person care means better access for patients, lower costs and improved outcomes. Enough said. Ready to dive deeper? Watch the full session here. Curious how this could impact your team? Let’s talk. |
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