The healthcare industry became the largest source of jobs in the nation, according to the United States Department of Labor.
An aging population, among other factors, has driven rocketing growth and a surge of mergers and consolidations in the healthcare industry leaving many organizations struggling to keep up with the flow of data and information.
The difficulties are plenty and the consequences of errors and inefficiencies cannot be exaggerated. These healthcare accounting challenges include:
- Manual processes that lead to mistakes and poor data integrity
- Difficulty integrating multiple data sources
- The need for additional employees just to keep up with all the paperwork