Patients are the source of Revenue and a kick to a whole process in the Medicare industry. Solely from the Registration formality and insurance vendors, a margin is secured to earn a six letter word - "Profit". Taking decisions to employ that 6 letters into various costs transformation efforts like Merger Acquisition, Risk control and Digitization with the help of Finance makes this sector to run & compete with others. Next time you go to a Hospital, you will think how each individual is contributing and the source of earning post reading this summary. We would also differentiate the meaning of Healthcare Financing vs Finance in Health care as both the words looks similar but they are not. Why not start with this itself ;) Healthcare Financing refers to arranging working capital (money to run the business or operations) for continuity of production lines and procuring new machinery and technology whereas Finance in Healthcare works as a backbone in terms of accounti...
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