HealthLeaders Media September 28, 2023
A new report underscores the significant financial burden that denials pose for organizations.
KEY TAKEAWAYS
– Denials managment is a top priority for revenue cycle leaders.
– Some providers even say denials are costing them millions.
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.
According to a recent study, with more than 40% of surveyed providers losing over half a million dollars annually due to claim denials, and 18% losing more than a million dollars, the financial impact is substantial, the 2023 Plutus Health Revenue Cycle Management Challenges Index says.
For these reasons and more, 43 percent...
Today's Sponsors
Today's Sponsor