Industry News
Commercial Denial Statistics
A new study released by Crowe Revenue Cycle Analytics suggests that commercial payers have increased denial claims over the past three years, according to HealthLeaders.
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Insurance Verification
Health insurance verification is one of the key initial steps in the revenue cycle. Any errors present during insurance verification can have adverse effects on billing revenue.
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Claims: Rejections and Denials
It is estimated that around 80% of claims are denied due to no prior authorization being obtained from the carrier — a key part of the revenue cycle and insurance eligibility verification process.
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