MedClaims International Blog

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 ...

Topics: healthcare revenue cycle, revenue cycle, claim denials

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 ...

Topics: claim denials, denials prevention, healthcare revenue cycle

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 ...

Topics: denials prevention, claim denials

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 ...

Topics: claim denials, healthcare, revenue cycle

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 ...

Topics: claim denials, Denial Causes, reduce denial incidence

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 ...

Topics: Big Data, healthcare, claim denials, modern healthcare