Insurance coverage issues that result in denials are a bit like electrical problems: If there is a faulty link or bad connection between the patient and payer, the circuit is broken, a denial is sparked and power–in this case, cashflow–is interrupted. Learn how to trace the provider-payer “wiring” early to ensure proper reimbursement.
Who hasn’t experienced trying to buy something online, but the order locks up because some key piece of information is missing or wrong? Usually, the online interface will flag the data in question, so you can quickly make the change and submit your order. Unfortunately, this kind of automated safeguard doesn’t exist in most hospital billing systems when it comes to filing insurance claims.
Improved A/R Performance. Immediate results.
Healthcare Financial Resources (HFRI) transforms accounts receivable follow-up by harnessing intelligent automation to help hospitals and health systems accelerate cash flow and improve operating margins by resolving insurance claims quickly and effectively.