Featured on Becker’s – “Improving the Bill-Paying Experience: The Key to Revenue Cycle Management”

Budco Financial’s EVP Terry Niles was recently featured in Becker’s Hospital Review. In her article she provides three ways that hospitals can improve revenue cycle management by taking a look at their patients’ bill-paying experience. The easier you make it for your patients to pay their bills, the faster your hospital will get paid. Plus, this dedication to your patients’ […]

Raising Revenue: How to Help Secure a Future for Smaller Healthcare Facilities

In today’s economy, many hospitals, especially in rural areas, are in financial binds that threaten their futures. According to a study conducted by Black Book, “87% of small and community hospitals anticipate declining-to-negative profitability through 2015.” Why are these hospitals losing so much money, and how can they keep their doors open? It’s important for […]

7 Ways to Improve Patient Retention and Generate Profits for Your Hospital

All of the changes in the healthcare industry have made retaining patients that much more important. Hospitals can no longer rely on the sheer volume of patients to generate profit. Although many hospitals and healthcare organizations remain focused on events that occur when a patient is physically in the hospital, some of the more successful […]