RevCycle Intelligence October 25, 2023
Eligibility or mission prior authorization were some of the most common reasons for claim denials, according to a recent survey.
Hospitals and health systems are facing more claim denials as front-end revenue cycle processes lead to errors.
A recent survey conducted by the Healthcare Financial Management Association’s Pulse Survey program for AKASA polled more than 350 CFOs and revenue cycle leaders at hospitals and health systems. Nearly half of the financial leaders (47 percent) said claim denial rates increased compared to last year, with 37 percent reporting an increase of at least 5 percent.
While most hospitals and health systems saw a significant increase in claim denial rates, only 2 percent of respondents said their claim denial rates decreased by...
Today's Sponsors
Today's Sponsor