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Hospitals need to automate their denial management process to avoid revenue leaks. View this inforgraphic to know the stats and facts.
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Organizations Have Not Automated The Denial Management Given the complexities around submitting claims and the labor associated with managing denials, it came as a surprise that more organizations have not automated the denial management process through a vendor-provided solution ArdisDee Hoven, MD President of the AMA Know more about Ardis Dee Hoven Here
Free Physicians From Needless Administrative Tasks We must move toward an automated approach for processing medical claims that will save precious healthcare dollars and free physicians from needless administrative tasks that take time away from patient care. Ardis Dee Hoven, MD president of the AMA, told Medical Economics in 2014 Know more about Ardis Dee Hoven Here
Claims Management Appears To Be The Next For Vendor Opportunity Claims management appears to be the next for vendor opportunity as ICD-10 effects begin to impact cash flow, followed by eligibility and benefits management Doug Brown Black Book’s Managing Partner. Follow Doug Brown, on Twitter
Lookout For Outliers Or Trends That Indicate Shifts In Payment Revenue cycle leaders must be on the lookout for outliers or trends that indicate shifts in payment or denial patterns Karen England, MBA, CPC Revenue Cycle Consultant at Ingenious Med, toRevCycleIntelligence.com last March. Know more about Karen England Here
Free Download Denial Management Template RCM Best Practices for Group Practices and Hospitals Download your free copy of the denial management whitepaper from BillingParadise Bonus: Download your free copy of the Denial Analysis template
Call toll free no 1-888-571-9069 Read More https://www.billingparadise.com/blog/2017/02/21/hospital-denial-management-automation-in-2017/