Denials Management Named Most Time-Consuming Task in RCM

HIT Consultant May 24, 2023
Fred Pennic

What You Should Know:

• A new HFMA survey commissioned by AKASA highlights the revenue cycle tasks requiring the most subject matter expertise, according to responses from over 550 CFOs and revenue cycle leaders at hospitals and health systems across the U.S.
• Denials management not only requires the most subject matter expertise, but it’s also the most time-consuming task within revenue cycle management (RCM) — followed by prior authorization and insurance follow-up.

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