Our 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.
In our experience, organizations frequently have initial claim denial rates of 10% or more. Re-work expenses from preventable denials are costly, and write-offs associated with denied claims can cost an organization 3% or more of its annual net revenue, significantly impacting the ability to reinvest in patient care. Do you know your organization’s denial rate?
It is critical to address denials proactively. Our reporting and measurement tools help organizations understand their denials performance, write off expenses, establish a data-informed prevention strategy, and get started quickly with a versatile, agile tool.