Posts Tagged ‘claims denials’

Infographic: How Much Denied Claims Are Costing Providers

June 28th, 2019 by Melanie Matthews

On average, 5 percent to 10 percent of healthcare claims are denied, and 65 percent of these are never resubmitted, according to a new infographic by Change Healthcare.

The infographic illustrates how much denied claims are costing providers, how much providers must spend to get paid, and how artificial intelligence can help predict which claims are at risk for denial prior to submission.

2018 Healthcare Benchmarks: Telehealth & Remote Patient MonitoringArtificial intelligence. Automation. Blockchain. Robotics.

Once the domain of science fiction, these telehealth technologies have begun to transform the fabric of healthcare delivery systems. As further proof of telehealth’s explosive growth, the use of wearable health-tracking devices and remote patient monitoring has proliferated, and the Centers for Medicare and Medicaid Services (CMS) has added several new provider telehealth billing codes for calendar year 2018.

2018 Healthcare Benchmarks: Telehealth & Remote Patient Monitoring delivers the latest actionable telehealth and remote patient monitoring metrics on tools, applications, challenges, successes and ROI from healthcare organizations across the care spectrum. This 60-page report, now in its fifth edition, documents benchmarks on current and planned telehealth and remote patient monitoring initiatives as well as the use of emerging technologies in the healthcare space.

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Infographic: When it Comes to Coding, Accuracy Matters

July 11th, 2018 by Melanie Matthews

Medical coding errors are one of the top reasons claims are denied. Denials are expensive to rework, and they can lead to delays in reimbursement—or no payment at all, according to a new infographic by Change Healthcare.

The infographic provides details about the top coding challenges.

Medicare Chronic Care Management Billing: Evidence-Based Workflows to Maximize CCM RevenueSince the January 2015 rollout by CMS of new chronic care management (CCM) codes, many physician practices have been slow to engage in CCM.

Arcturus Healthcare, however, rapidly grasped the potential of CCM to improve patient outcomes while generating care coordination revenue, estimating it could earn up to $100,000 monthly for qualified patients treated in its four physician practices—or $1 million a year.

Medicare Chronic Care Management Billing: Evidence-Based Workflows to Maximize CCM Revenue traces the incorporation of CCM into Arcturus Healthcare’s existing care management efforts for high-risk patients, as well as the bonus that resulted from CCM code adoption: increased engagement and improved relationships with CCM patients.

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