The Denials Challenge: A Cross-functional Approach to Denial Prevention and Management
Wednesday, November 1st, 2017 | 1:00pm - 2:00pm CT
Preventing claim denials and their financial impact is a critical objective in revenue cycle. With approximately $262 billion, or 9% of all claims, denied nationally each year, this represents a significant financial drain, ultimately costing healthcare organizations critical margin dollars off of their already-stretched net revenue stream. You don’t have to accept million-dollar loses in claim denials as an inevitable part of doing business. This session will outline a cross-functional approach to denial prevention that can significantly impact the costs associated with managing denials later in the revenue cycle.
- Discover the national financial impact of denials and the cost of appealing claims
- Differentiate a conventional denial management strategy from a cross-functional, preventive approach
- Recognize opportunities for implementing denial prevention strategies in your organization