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Final-Effort Insurance Collections Can Lead to Major Cash Recovery
Today, more medical claims are denied than ever before, forcing hospitals and health systems to write-off tens of millions in bad debt every year. Health insurance claims that are too small, too old – or both – are left on the table, leaving accounts receivable teams to focus only on what seems the most likely to be recovered. Learn how you can recover the AR you thought was too old to collect and get every dollar you deserve from payers with our new whitepaper.
The 7 Most Common Root Causes for Denials and Delayed Account Resolution
With health insurance denials at an all-time high, many hospitals and health systems are desperate to stem the tide to improve their accounts receivable. Combining lost revenue with the administrative costs of recovery and rework leaves almost every hospital wondering how to get to the bottom of the problem. By reducing the incidence of denials and resolving those that do occur more quickly, cash flow is increased, health insurance write-offs are reduced, and administrative staff time can be used more efficiently. Learn about 7 strategies for preventing up to 90% of denials.
Intelligent Automation Sparks a Revolution in Accounts Receivable Management
Emerging intelligent automation (IA) and data mining capabilities are fundamentally transforming accounts receivable (A/R) recovery and resolution. Learn how IA can accelerate health insurance claims resolution, reduce write-offs and improve cash flow by streamlining and accelerating the resolution process.