Building a revenue recovery solution across the patient journey

A recent report by American Health Association states that U.S. hospitals have been stuck with $702 billion in uncompensated care costs since 2000, with $41.6 billion incurred in 2019. Additionally, the disruption caused by COVID-19, policy changes around the Affordable Care Act, and a new directive for patient identification required by the Centers for Medicare & Medicaid Services (CMS) have made things far more complex.

Implementing a comprehensive coverage identification solution that operates at every touchpoint of the patient journey makes the reimbursement process easier to navigate and reduces the burden on front and back-end staff. 

This white paper provides a game plan for revenue cycle leaders at health systems, hospitals, and medical groups to recover maximum insurance revenue and reduce bad debt, including:

• The trends that are challenging reimbursements
• How to optimize patient experience and improve revenue
• A list of best practices for revenue cycle management