Weather Alert
...The Flood Warning continues for the following rivers in Texas...Attoyac Bayou Near Chireno affecting San Augustine, Shelby,Nacogdoches and Rusk Counties.For the Attoyac Bayou...including Chireno...Minor flooding isforecast.PRECAUTIONARY/PREPAREDNESS ACTIONS...Do not drive cars through flooded areas.Caution is urged when walking near riverbanks.Turn around, don't drown when encountering flooded roads. Most flooddeaths occur in vehicles.For more hydrologic information, copy and paste the following websiteaddress into your favorite web browser URL bar:https://water.noaa.gov/wfo/SHVThe next statement will be issued Friday evening at 845 PM CDT.&&...FLOOD WARNING REMAINS IN EFFECT UNTIL FURTHER NOTICE...* WHAT...Minor flooding is occurring and minor flooding is forecast.* WHERE...Attoyac Bayou near Chireno.* WHEN...Until further notice.* IMPACTS...At 19.0 feet, Expect minor lowland flooding of boatramps and pastures. Move livestock and equipment to higher ground.* ADDITIONAL DETAILS...- At 7:30 PM CDT Thursday the stage was 19.7 feet.- Bankfull stage is 14.0 feet.- Recent Activity...The maximum river stage in the 24 hoursending at 7:30 PM CDT Thursday was 20.3 feet.- Forecast...The river is expected to fall to 15.4 feet Tuesdayevening.- Flood stage is 14.0 feet.- Flood History...This crest compares to a previous crest of19.7 feet on 12/25/1939.- http://www.weather.gov/safety/flood&&
Weather Alert
...The Flood Warning is extended for the following rivers in Texas...Mud Creek Near Jacksonville affecting Rusk, Smith, Nacogdochesand Cherokee Counties.For the Mud Creek...including Jacksonville...Minor flooding isforecast.PRECAUTIONARY/PREPAREDNESS ACTIONS...Do not drive cars through flooded areas.Caution is urged when walking near riverbanks.Turn around, don't drown when encountering flooded roads. Most flooddeaths occur in vehicles.For more hydrologic information, copy and paste the following websiteaddress into your favorite web browser URL bar:https://water.noaa.gov/wfo/SHVThe next statement will be issued Friday evening at 845 PM CDT.&&...FLOOD WARNING NOW IN EFFECT UNTIL SATURDAY EVENING...* WHAT...Minor flooding is occurring and minor flooding is forecast.* WHERE...Mud Creek near Jacksonville.* WHEN...Until Saturday evening.* IMPACTS...At 10.0 feet, Minor lowland flooding.* ADDITIONAL DETAILS...- At 8:00 PM CDT Thursday the stage was 10.1 feet.- Bankfull stage is 9.0 feet.- Recent Activity...The maximum river stage in the 24 hoursending at 8:00 PM CDT Thursday was 11.3 feet.- Forecast...The river is expected to fall below flood stageearly Saturday morning and continue falling to 7.7 feetTuesday evening.- Flood stage is 9.0 feet.- Flood History...This crest compares to a previous crest of10.1 feet on 05/17/1953.- http://www.weather.gov/safety/flood&&
Weather Alert
...The Flood Warning continues for the following rivers in Texas...East Fork Angelina River Near Cushing affecting Nacogdoches andRusk Counties.For the East Fork Angelina River...including Cushing...Minorflooding is forecast.PRECAUTIONARY/PREPAREDNESS ACTIONS...Do not drive cars through flooded areas.Caution is urged when walking near riverbanks.Turn around, don't drown when encountering flooded roads. Most flooddeaths occur in vehicles.Motorists should not attempt to drive around barricades or drivecars through flooded areas.For more hydrologic information, copy and paste the following websiteaddress into your favorite web browser URL bar:https://water.noaa.gov/wfo/SHVThe next statement will be issued Friday evening at 845 PM CDT.&&...FLOOD WARNING REMAINS IN EFFECT UNTIL SATURDAY EVENING...* WHAT...Minor flooding is occurring and minor flooding is forecast.* WHERE...East Fork Angelina River near Cushing.* WHEN...Until Saturday evening.* IMPACTS...At 15.0 feet, Minor lowland flooding.* ADDITIONAL DETAILS...- At 8:15 PM CDT Thursday the stage was 15.1 feet.- Bankfull stage is 15.0 feet.- Recent Activity...The maximum river stage in the 24 hoursending at 8:15 PM CDT Thursday was 15.7 feet.- Forecast...The river is expected to fall below flood stagetomorrow morning and continue falling to 12.7 feet Tuesdayevening.- Flood stage is 15.0 feet.- Flood History...This crest compares to a previous crest of15.1 feet on 04/19/2016.- http://www.weather.gov/safety/flood&&
Weather Alert
...The Flood Warning continues for the following rivers in Texas...Sabine River At Longview affecting Gregg and Rusk Counties.For the Sabine River...including Mineola, Hawkins, Gladewater,Longview, Beckville, Logansport...Major flooding is forecast.PRECAUTIONARY/PREPAREDNESS ACTIONS...Do not drive cars through flooded areas.Caution is urged when walking near riverbanks.Turn around, don't drown when encountering flooded roads. Most flooddeaths occur in vehicles.Motorists should not attempt to drive around barricades or drivecars through flooded areas.For more hydrologic information, copy and paste the following websiteaddress into your favorite web browser URL bar:https://water.noaa.gov/wfo/SHVThe next statement will be issued Friday evening at 845 PM CDT.&&...FLOOD WARNING REMAINS IN EFFECT UNTIL FURTHER NOTICE...* WHAT...Minor flooding is occurring and moderate flooding isforecast.* WHERE...Sabine River at Longview.* WHEN...Until further notice.* IMPACTS...At 35.0 feet, Expect severe flooding of several thousandacres of river bottom along with petroleum equipment, secondaryroadways, and several structures. Preparations should be completedfor a major flooding event.* ADDITIONAL DETAILS...- At 8:00 PM CDT Thursday the stage was 29.0 feet.- Bankfull stage is 25.0 feet.- Recent Activity...The maximum river stage in the 24 hoursending at 8:00 PM CDT Thursday was 29.0 feet.- Forecast...The river is expected to rise to 34.4 feet Tuesdayevening. Additional rises are possible thereafter.- Flood stage is 25.0 feet.- Flood History...This crest compares to a previous crest of34.2 feet on 05/01/1973.- http://www.weather.gov/safety/flood&&
Weather Alert
...The Flood Warning continues for the following rivers in Texas...Sabine River Near Beckville affecting Gregg, Harrison, Panola andRusk Counties.For the Sabine River...including Mineola, Hawkins, Gladewater,Longview, Beckville, Logansport...Major flooding is forecast.PRECAUTIONARY/PREPAREDNESS ACTIONS...Do not drive cars through flooded areas.Caution is urged when walking near riverbanks.Turn around, don't drown when encountering flooded roads. Most flooddeaths occur in vehicles.Motorists should not attempt to drive around barricades or drivecars through flooded areas.For more hydrologic information, copy and paste the following websiteaddress into your favorite web browser URL bar:https://water.noaa.gov/wfo/SHVThe next statement will be issued Friday evening at 845 PM CDT.&&...FLOOD WARNING REMAINS IN EFFECT UNTIL FURTHER NOTICE...* WHAT...Minor flooding is occurring and minor flooding is forecast.* WHERE...Sabine River near Beckville.* WHEN...Until further notice.* IMPACTS...At 30.0 feet, Expect moderate to severe flooding of thelowland floodplain for the next several days.* ADDITIONAL DETAILS...- At 7:45 PM CDT Thursday the stage was 29.1 feet.- Bankfull stage is 25.0 feet.- Recent Activity...The maximum river stage in the 24 hoursending at 7:45 PM CDT Thursday was 29.4 feet.- Forecast...The river is expected to fall to 28.7 feet Tuesdayevening.- Flood stage is 26.0 feet.- Flood History...This crest compares to a previous crest of29.3 feet on 05/04/1991.- http://www.weather.gov/safety/flood&&
Weather Alert
...OZONE ACTION DAY IN EFFECT FOR [Day of the Week]...The Texas Commission of Environmental Quality (TCEQ) has declaredan Ozone Action Day for the Tyler...Longview...Marshall areas ofeast Texas for Friday, June 7th.Atmospheric conditions are expected to be favorable for producinghigh levels of ozone pollution in the Tyler-Longview area onFriday. You can help prevent ozone pollution by sharing a ride,walking or riding a bicycle, taking your lunch to work, avoidingdrive- through lanes, conserving energy, and keeping your vehicleproperly tuned.If required...the next Ozone Action Day notice will be issued by300 pm on Saturday, June 8th.For more information on ozone:Ozone: the Facts(https://www.tceq.texas.gov/airquality/monops/ozonefacts.html)EPA Air Now(https://www.airnow.gov/?reportingArea=Tyler-Longview-Marshall&stateCode=TX)Take Care of Texas(https://takecareoftexas.org/hot-wire/what-ozone-action-day)
Sage Growth Partners is a healthcare growth strategy and marketing firm with deep expertise in market research, go-to-market strategy, and marketing communications. Founded in 2005, the company's extensive domain experience ensures that healthcare organizations thrive amid the complexities of a rapidly changing marketplace. (PRNewsfoto/Sage Growth Partners)
- By Sage Growth Partners
Continued sector investment and M&A will reshape the vendor landscape to be driven by artificial intelligence (AI), replacing ineffective EMRs and legacy tools
BALTIMORE, June 4, 2024 /PRNewswire/ --Healthcare consultancy Sage Growth Partnersand Harris Williams, a global investment bank specializing in M&A and private capital advisory services, have released a new industry report – "The Current and Future State of Revenue Cycle Management – Market and M&A Trends" – to provide the healthcare market with a better understanding of revenue cycle management and revenue cycle processes.
Although healthcare organizations focus on financial stability and put revenue cycle investments among their top strategic priorities, revenue cycles are not being fully optimized for success. Healthcare leaders are dissatisfied with their electronic medical records (EMRs) and acutely interested in more innovation.
These are some of the findings compiled in the report, which is based on independent research conducted in Q4 2023, including a survey of 115 C-Suite executives, CIOs, and finance, IT, and operations professionals.
"Our new research examines the current state of revenue cycle management, factors that are negatively impacting hospital and health system revenue cycles, and market trends that these organizations should expect," saidDan D'Orazio,Sage Growth Partners' CEO. "Ultimately, we are seeing that the revenue cycle presents an appealing opportunity for M&A and other growth initiatives for investors in the coming years."
The survey also reveals that 77% of respondents outsource some or all of their revenue cycle, and more than a third (36%) believe that their current revenue cycle vendor is only "somewhat effective."
Among other key findings in the report:
- Of those surveyed, 43% say their revenue cycle has improved since 2019, while 21% say it has gotten worse.
- 88% indicated workforce/staffing is the top factor contributing to the worsening of revenue cycles, followed by a decline in overall financial climate (63%) and operational process challenges (58%).
- Approximately half say that AI/automation would have a "high positive impact" or "very positive impact" on the revenue cycle.
- Participating healthcare leaders believe investing in the revenue cycle, technology, and operational process improvement is effective in driving impactful changes.
"Overall M&A activity in the sector has been strong during the last three years, with more than 200 platform and add-on transactions completed reshaping the vendor landscape," said Dan Linsalata, a managing director in the Healthcare & Life Sciences Group at Harris Williams. "This demonstrates that investors value the operational improvements and tangible ROI that outsourced vendors can deliver in a complex and critical workflow."
Tyler Bradshaw, a managing director in the Healthcare & Life Sciences Group at Harris Williams, added, "The U.S. healthcare revenue cycle market was worth roughly $140 billion in 2023. Over the next 10 years, the market is expected to continue to grow in low double digits, which is a powerful illustration of the market's potential."
The full reportcan be found here.
About Sage Growth Partners
Sage Growth Partnersis a healthcare growth strategy and marketing firm with deep expertise in market research, go-to market strategy, and marketing communications. Founded in 2005, the company's extensive domain experience ensures that healthcare organizations thrive amid the complexities of a rapidly changing marketplace. Sage Growth Partners serves clients across the full healthcare spectrum, including GE Healthcare,Medecision,ProgenyHealth,Kyruus; Best Buy Health,New Jersey Brain and Spine, theNational Minority Health Association, and Philips Healthcare. For more information, visitsage-growth.com.
About Harris Williams
Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).
Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@ harriswilliams.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.
For More Information
John Gonda
616-309-4888
jgonda@sage-growth.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-provides-research-data-and-exclusive-insights-on-the-current-and-future-state-of-healthcare-sector-revenue-cycle-management--market-and-ma-trends-302162178.html
SOURCE Sage Growth Partners
Originally published on the BLOX Digital Content Exchange.
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