Accounts Payable Automation for Long-Term Care Providers
Understanding the Value of Accounts Payables Automation in Long-Term Acute Care Hospitals and Skilled Nursing Facilities
Hospital chains and medical facility groups (e.g., skilled nursing facilities) face a number of distinct challenges when it comes to Accounts Payable (AP) and payment processes, making management of these processes relatively more complicated than for other types of organizations. Fortunately, there is AP automation software that was specifically designed to support the needs of these organizations, bringing them increased efficiency and strong return on investment (ROI).
The purpose of this whitepaper is to examine the pain points faced by hospital chains and skilled nursing facilities when it comes to AP management. The paper also explores how automation addresses many of the challenges encountered in this industry, and how to capture the success of such automation.
What you will learn:
- The Current State of Accounts Payables (AP) Management Among Long-Term Acute Care Hospitals (LTACHs) and Skilled Nursing Facilities (SNFs)
- Challenges Faced by AP Departments That Manage Medical Equipment Rentals
- Data Security, Traceability, and the Value of AP Automation for LTACHs and SNFs