Embracing Digital Transformation in Healthcare Finance
SAP Concur reports on the HFMA annual conference, discussing challenges facing healthcare organizations: funding sources and cost transparency, rising airfares and room rates, compliance considerations (such as Stark Law and Anti-Kickback Statute), and staffing shortages. The article emphasizes the necessity of digital transformation to improve efficiency, reduce costs, and ensure compliance.
Impact and considerations
Healthcare organizations face financial and compliance pressures; digital transformation helps optimize operations, reduce costs, and navigate evolving regulations.
Key points
- HFMA survey identifies funding sources as a top challenge for healthcare professionals.
- Deloitte Insights reveals higher airfares and room rates for professionals.
- Compliance considerations include Stark Law and Anti-Kickback Statute.
- Only 42% of healthcare workers are satisfied with work practices, and 38% with tools and technology.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 13 Jul 2023, 21:46
- Page published
- 14 Aug 2026, 08:22
- Last updated
- 13 Jul 2023, 21:46
- Original links
- SAP Concur Blog：From the Annual HFMA Conference Floor: Embracing Digital Transformation for Success (opens in a new tab)Primary source · en · Published 13 Jul 2023, 21:46