HealthLeaders Media October 19, 2023
Patient access errors are a top reason for denials, which could be costing revenue cycles a lot of cash.
KEY TAKEAWAYS
– Registration errors are one of the main reasons for initial claims denials by payers.
– Automating front end processes can ensure accuracy, prevent rework, and prevent denials, one hospital executive said.
Mistakes during patient access or registration are the main cause of initial claims denials by payers, a new survey found.
This doubles down on the idea that revenue cycle leaders need to address denials management and embrace tech solutions, and they should have done so a long time ago as the financial implications of denials is huge.
Over 350 chief financial officers and financial leaders at health...
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