Otto: Hospital operating margins typically hover between 1% and 3%
Florian Otto · Why 50% of Every Dollar Billed Is Lost In Healthcare · Jul 14, 2023 · at 6:51
Florian Otto, CEO of Cedar, explains why small percentage gains in patient collections have a massive impact on hospital bottom lines.
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“And when you before Cedar only had a margin of maybe one or two or three percent, getting additional percent or percent and a half is of course very impactful.”
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