Join Ovation and Connance in a Webinar focusing on How to Reduce AR Days, Write-offs, and Denials While Increasing Net Patient Revenues with Electronic Claim Statusing
Hospital and healthcare system business offices are increasingly challenged by the growing volume of claims requiring follow-up and specialized processing.
Did you know:
• Claims denial rates could skyrocket from 100% to 200% in the early stages of ICD-10
• The first 60% of denied claims generate more than 98% of subsequent revenue collected
• 80% of all claims statusing efforts are on claims that would have paid anyway
By utilizing electronic claim statusing technology, providers can automatically status claims throughout the follow-up process with real-time updates from payers, returning more detailed information than is available through traditional EDI integration.
Optimizing revenue cycle operations for claims with a platform that includes electronic claims statusing can significantly reduce AR days, write-offs and denials, and increase net patient revenues.
Join this webinar with Ovation Revenue Cycle Services and Connance to learn how to reduce unnecessary staff intervention and expedite payment on outstanding claims.
Donna Balcik, COO, and Sandra Myers, Client Analyst, Ovation Revenue Cycle Services
Brian Graves, Vice President of Sales, Marketing and Communications, Connance