Becker's Healthcare October 25, 2024
Denials of claims are increasing, along with the administrative burden of managing them.
Here are five things to know:
1. In 2024, 77% of respondents noted that payer policy changes are happening more frequently, up from 67% in 2022, according to Experian Health’s “2024 State of Claims” survey.
2. Additionally, 67% of respondents said reimbursement times are increasing in 2024, compared to 51% in 2022.
3. The most common reasons for claim denials were missing or inaccurate data (46%), authorization issues (46%), and incomplete or inaccurate patient information (30%).
4. Anecdotally, physicians are seeing an increase in claims denials amid rising payer obstacles.
“We as physicians have very little, if any, opportunity to speak with...
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