Modern medicine presents the opportunity for healthcare organizations to provide patients with the best quality of care but getting paid for delivering that care only seems to get more difficult. When claims are denied because of incomplete or inaccurate information, revenue cycle teams need to devote additional time and resources to correct those claims. Meanwhile, millions of dollars are left in limbo each year when patients have active coverage that hadn’t been identified during the initial stages of their visit.
To alleviate the burden of denials and maximize reimbursement potential, revenue cycle management teams need to implement proactive measures.
Join Databound’s Rachel Bowles, Product Manager, and Mike Burhans, Relationship Manager, and HFMA CRCR, to learn how your organization can effectively leverage insurance discovery to boost patient revenue while reducing downstream work.