Rethinking Denials Management: How Data Analytics Can Boost Revenue

In the modern landscape of technologically-supported, value-based healthcare, many providers have reoriented focus on their claims denials management program. The efficiency of those programs, however, can vary significantly across organizations; the effect of denied and delayed rendered claims can be detrimental to the bottom line of healthcare facilities who lack a strategic, holistic approach. An insufficient claims system can cause net revenue losses, increase operating costs, and bog clinicians down with unnecessary administrative tasks.