Hospitals and health systems are facing a set of formidable challenges in managing release-of-information (ROI) – from keeping up with the skyrocketing volumes of record requests from payers, attorneys and auditors – to complying with complex, increasing and ever-changing federal and state regulations. In fact, the ROI process has become such a daunting and high risk endeavor that it has grown beyond the internal capabilities and risk thresholds of many hospitals and health systems.
While many institutions have already transitioned to outsourcing ROI, others want to be sure that it makes sense financially before making the move. This article will identify the hidden costs of insourcing ROI and make the business case for outsourcing ROI.
To read the full article, visit Becker’s Hospital CFO.