Mr. Kobe shared the following tip with Becker’s Hospital Review.
“To reduce the recurrence of denials, it’s imperative that healthcare systems employ a multidisciplinary approach that leverages technology and data analytics to optimize processes and shift from a reactive to a proactive approach. By employing data analytics, problematic areas can be identified and internal processes fine-tuned to reduce denials, accelerate cash flow and decrease administrative inefficiencies.”
If you would like to share your RCM best practices, please email Kelly Gooch at kgooch@beckershealthcare.com to be featured in the “RCM tip of the day” series.
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CMS launches initiative to reduce Medicare appeals backlog: 3 things to know
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