Key Survey Findings: Common Causes of Healthcare Claim Denials (Health & Beauty - Health Services)
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Item ID 132779319 in Category: Health & Beauty - Health Services
Key Survey Findings: Common Causes of Healthcare Claim Denials | |
According to a recent survey, eligibility and prior authorization issues were among the most prevalent causes of claim denials. Hospitals and healthcare systems are experiencing an uptick in claim rejections due to errors in front-end revenue cycle processes. The Healthcare Financial Management Association’s Pulse Survey program, conducted for a healthcare technology company, gathered responses from over 350 CFOs and revenue cycle leaders in hospitals and healthcare systems. Nearly half of these financial leaders (47 percent) reported an increase in claim denial rates compared to the previous year, with 37 percent noting a rise of at least 5 percent. While a majority of hospitals and healthcare systems saw a significant surge in claim denial rates, only 2 percent of respondents stated that their rates had decreased by 5 percent or more. Meanwhile, 27 percent observed no change, and 24 percent reported a decrease of less than 5 percent in claim denial rates. | |
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| Target State: California Target City : Glendale Last Update : Oct 27, 2023 6:46 AM Number of Views: 76 | Item Owner : Brian Thomas Contact Email: Contact Phone: +1 08668542714 |
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2024-09-07 (0.385 sec)