HealthLeaders Media January 4, 2023
Claims denials are increasing between 10%-15% according to a recently released survey.
KEY TAKEAWAYS
– Nearly three out of four respondents reported that reducing denials is their highest priority.
– Almost all respondents indicated they had technology in place to help improve claims and reduce denials.
According to a recently released survey conducted by Experian Health, the top three reasons for an increase in claims denials were insufficient data analytics (62%), lack of automation in claims/denials process (61%), and lack of thorough training (46%).
These results came from surveying 200 healthcare professionals, primarily in executive or management positions, who actively take part in the decision-making processes for their organizations’ claims management systems.
Additionally, nearly three out of four respondents reported...