Becker's Healthcare January 30, 2024
In collaboration with Savista

Healthcare providers are experiencing a massive surge in denials and write-offs that seriously impact the organization’s financial stability. But there are steps your organization can take now to reduce their likelihood in 2024.

With a proactive and comprehensive approach, the following strategies serve as a foundation for navigating the complexities of the contemporary healthcare environment to minimize denials and optimize revenue.

  1. Enhanced Registration and Pre-Authorization Process

Preventing denials begins with a detailed registration process to ensure all necessary documentation and approvals are in place before a patient receives services. This includes verifying insurance coverage, obtaining pre-authorizations for procedures, and confirming that the patient’s information is accurate. Organizations can identify potential issues early in the process, such as coverage...

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Topics: Health System / Hospital, Provider, RCM (Revenue Cycle Mgmt), Technology
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