An Ounce of Prevention: Denials Management for Hospitals
February 15, 2023Preventable insurance denials can cost organizations 3% of their revenue or more, impacting hospitals' financial sustainability and possibly patient care. Join our industry professionals as we share best practices for denials management and measurement strategies that can help drive revenue cycle improvements in your organization.
Learning Objectives
Upon completion of this program, participants will be able to:
- Explain the impact denials can have on financial performance and patient care.
- Describe how to measure and monitor denials performance over time.
- Discuss how to use data and analytics to help drive performance improvement changes and reduce denial rates.
- Explain how payors process and pay claims.
Denials Management Monitoring
Our Denials Management Monitoring tool can help reduce revenue loss and collection re-work costs from insurance denials. The platform provides actionable data that allows for root cause analysis and an effective denials prevention strategy.