Revenue Optimization Solutions Discover $1 Million for Hospital within 45 Days
In our industry today, most providers expect a certain level of revenue leakage, but often the opportunity to collect on underpayments is undetected. With a common goal to optimize reimbursement, Change Healthcare partnered with a private, not-for-profit hospital because they suspected there was opportunity to recover lost revenue. Forty-five days later, our Audit and Recovery team delivered more than $1 million in cash remittances. And that was only the beginning. Read the case study to learn how this hospital:
- Discovered that ~40% of their underpayments were denials
- Initially focused on Audit and Recovery services but quickly expanded their scope to target denials management
- Leveraged Change Healthcare’s payer relationships to achieve successful appeals and bring in $8 million dollars annually in additional revenue
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