Healthcare orgs reflect on top vendors for denials management services
- When working with vendors for denials management services, healthcare organizations are satisfied with their levels of expertise, overturn rates, and denial prevention, according to a KLAS report. The KLAS Denials Management Services 2024 report shared how healthcare organizations feel about Aspirion, R1 RCM, Revecore, and Xsolis denials management...
More Articles
Hospital financial performance off to a strong start
Hospital financial performance has stayed strong through the beginning of the year, according to the latest data from healthcare consulting firm Kaufman Hall. The latest “National Hospital Flash...Private payers initially deny nearly 15% of medical claims
It may take some time to get paid for medical services, suggests a new survey of hospitals, health systems and post-acute care providers. Nearly 15 percent of medical claims submitted to private...Lower reimbursement rates, denials behind razor-thin margins
Hospitals and health systems are operating on razor-thin margins as reimbursement rates and denials create financial woes, a new survey indicates. The survey conducted by the Healthcare Financial...Breaking Down the Back-End Revenue Cycle, Key Best Practices
The healthcare revenue cycle is a continuous process that relies on each step to keep revenue flowing. However, many organizations break down the revenue cycle into front- and back-end steps to manage what happens before and after a...Highlighting Top Revenue Cycle Management Vendors By User Review
Epic, Experian Health, and Waystar are just some of the revenue cycle management vendors performing well across various operations. The 2024 Best in KLAS Software & Services report highlights the top vendors in claims management,...Survey Reveals Revenue Cycle Management Concerns for 2024
When it comes to revenue cycle management, healthcare leaders are concerned about timely patient collections, managing denials, and hiring and training staff in 2024, new data found. The survey,...Medicare Advantage Denials Jump 56%, Commercial Denials 20%
Hospitals and health systems have seen a significant spike in claim denials as Medicare Advantage and commercial payers deny more of their reimbursement. A new analysis of data from over 1,300...Patient Access, Registration Errors Lead to Most Claim Denials
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...Generative AI’s Potential Shines on Revenue Cycle Management
Healthcare has its eyes on generative artificial intelligence (AI). The technology, including the popular ChatGPT tool, has passed medical exams, diagnosed complex cases, and designed new ways to combat COVID-19. However, its most...62% of Hospitals Don’t Automate Any Part of Denials Management
Most hospitals and health systems are not automating any component of denials management, according to a recent survey of healthcare finance and revenue cycle leaders. Commissioned by technology...Claims Reimbursement Speed, Denial Rate Tied to Location
Does your practice experience claims reimbursement delays? That may be because of where your practice operates, according to a recent analysis of financial transaction data. The new Crowe report,...Claim Denials Pose Expensive Problem for Providers
Claim denials are posing a serious and expensive problem for healthcare revenue cycle management (RCM), according to a recent survey of healthcare leaders. A survey conducted by Plutus Health...Sponsored by Greenway Health