The fact that 50% of hospitals have faced negative operating margins emphasizes the critical need for financial stability. While cost-cutting is a common response, a proactive approach involves utilizing business intelligence and data analytics. Implementing revenue cycle solutions, physician placement, and predictive analytics-driven services can yield benefits such as reduced labor expenses, enhanced revenue, and optimized staff schedules.  Most importantly, these strategies improve patient care in addition to boosting the bottom line. To delve deeper into these strategies, read our ebook to learn more.