Why Large Medical Groups Need Streamlined Practice Management and Billing Solutions
In the ever-evolving healthcare landscape, large medical groups face immense pressure to provide high-quality care while managing the operational complexities that come with scale. From coordinating multiple providers across various specialties to ensuring accurate and timely billing, the need for efficient systems and processes is more critical than ever.
Streamlining Everest Revenue Cycle Through Efficient Billing
In the competitive and ever-evolving healthcare sector, financial efficiency is just as important as clinical excellence. At Everest, optimizing the revenue cycle through efficient billing processes is not only a strategic goal — it’s essential to maintaining profitability, improving patient satisfaction, and ensuring smooth daily operations.
The Growing Threats of Cyberattacks on Healthcare Organizations
The Growing Threat of Cyberattacks
The healthcare industry is frequently targeted by cybercriminals, and the risks are becoming even more severe. In 2020, one of the largest cybersecurity attacks on the healthcare industry targeted Universal Health Services (UHS). The ransomware attack disrupted their operations for weeks, costing the organization an estimated $67 million in damages and lost revenue. This breach not only affected patient care but also caused reputational damage and significant financial losses.