Several hospitals and commercial health insurance companies have been in the news lately as they attempt to work out new contracts. Although the articles have been clear that patients will…
Currently, out of network claims are much higher than standard in-network ones. There are plenty of reasons for this, but what matters is that lawmakers are trying to simplify the…
The truth is simple: aged claims get overlooked. Those in charge of the administrative side of healthcare often forget about them, because they make up such a small segment of…
Aged claims are one of those things that fall through the cracks when undergoing a hospital merger. Why? Because there are many other factors involved, ranging from coordinating billing centers…
According to recent statistics, commercial health insurance underpayments are on the rise. As of 2012, the payment accuracy rate for these insurance companies hovered around 62.08 percent. What does this…
Those in the healthcare industry already know that revenue cycles are how the payments (i.e. revenue) from patients are tracked from the initial appointment through to collecting the portion of…
In March 2019, the Robert Wood Johnson Foundation compiled its annual list of the healthiest counties in the United States. For example, in Ohio, they declared that Delaware County, located…
You’ve probably heard the term “aged claims” before but haven’t been quite clear on its meaning. The answer is quite simple – these are claims that have been on your…
According to recent statistics, commercial health insurance underpayments are on the rise. As of 2012, the payment accuracy rate for these insurance companies hovered around 62.08 percent. What does this…
Claim denials are one of the most common issues in healthcare. These claim denials can cost hospitals, outpatient surgery centers, and even physician’s offices quite a bit of money every…