Building in Revenue Recovery Across the Patient Journey
A unified, end-to-end strategy to find missed and undisclosed coverage
A recent report by American Health Association states that U.S. hospitals have been stuck with $702 billion in uncompensated care costs since 2000, with $41.6 billion incurred in 2019. Additionally, the disruption caused by COVID-19, policy changes around the Affordable Care Act, and a new directive for patient identification required by the Centers for Medicare & Medicaid Services (CMS) have made things far more complex.
Implementing a comprehensive coverage identification solution that operates at every touchpoint of the patient journey makes the reimbursement process easier to navigate and reduces the burden on front and back-end staff.
This white paper provides a game plan for revenue cycle leaders at health systems, hospitals, and medical groups to recover maximum insurance revenue and reduce bad debt, including:
- The trends that are challenging reimbursements
- How to optimize patient experience and improve revenue
- A list of best practices for revenue cycle management
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