MedClaims International Blog

The Secret to a Healthy Revenue Cycle

Posted by Tessa Tinley on Sep 27, 2018 1:30:47 PM
Managing accounts receivable (A/R) is an important challenge faced by all healthcare providers. Fortunately, there are steps a clinic can take to collect outstanding balances faster and maximizing ...
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Topics: healthcare revenue cycle, revenue cycle, claim denials

The 5 Denial Types That Could Be Costing You Money

Posted by Tessa Tinley on Aug 16, 2018 4:26:04 PM
Denial rework costs providers roughly $118 per claim. An estimated $262 billion, or 9% of the estimated $3 trillion in claims submitted by hospitals last year were initially denied, according to a ...
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Topics: claim denials, denials prevention, healthcare revenue cycle

Front End Prevention vs. Back End Fixes - How Money Invested up Front Can Save You in the Long Run

Posted by Tessa Tinley on Jul 3, 2018 1:41:50 PM
Many providers consider claims denials just another part of business, but recent research shows that taking a prevention-focused approach to denials management can significantly reduce the number of ...
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Topics: denials prevention, claim denials

Private Payer A/R, Denials Performance Troubles Hospital Revenue

Posted by Brady Dolan on Jan 12, 2018 9:00:00 AM
A recent analysis conducted by Crowe Horwath has found glaring disparities among five managed care insurers with respect to the number of days a claim is in accounts receivable - a factor that could ...
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Topics: claim denials, healthcare, revenue cycle

The Right Approach to Denials Management

Posted by Brady Dolan on Oct 27, 2017 1:39:18 PM
When it comes to the financial well being of healthcare providers, denied claims remain one of the most costly problems in the revenue cycle. Denials are estimated to cost providers 3% of their total ...
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Topics: claim denials, Denial Causes, reduce denial incidence

How Big Data Improves The Revenue Cycle

Posted by Brady Dolan on Jul 28, 2017 1:00:00 PM
Big data is driving change in all sectors of the economy, but health care systems may have the greatest potential for change when it comes to improving the revenue cycle. Many health organizations ...
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Topics: Big Data, healthcare, claim denials, modern healthcare