This week's 5 must-reads for hospital RCM leaders

Here are five articles about reducing claim denials, insights into healthcare administrative costs and more recently published by Becker's Hospital Review.

1. 5 must-reads on curbing insurance claim denials
Reducing claim denials is among the top challenges hospitals and health systems face as they strive to receive timely and proper payment for services. Here are five articles published this year by Becker's Hospital Review offering insight on curbing claim denials.

2. RCM tip of the day: Use law firms in disputes with payers
When providers face disputes with health plans regarding denied or underpaid claims, it can help to use a third-party law firm to resolve the issue, advises Lyman Sornberger, vice president of client development at Charles J. Hilton and Associates law firm.

3. $12K to treat a bee sting and 9 other times patients were charged surprising fees for care
Becker's Hospital Review reported on various cases in 2018 involving patients being charged unexpected fees for medical care and services. Here are 10 instances in which patients received a surprising bill for healthcare services.

4. US healthcare prices reflect huge administrative costs: 6 statistics
The complexity and high costs of treating U.S. patients is well known, but administrative costs also play a large role in healthcare financing. While these costs may be less obvious than patient care-related expenses, they are high, reports The New York Times. Here are six statistics on administrative costs.

5. 4 recent RCM service expansions
Here are four revenue cycle management service expansions involving healthcare vendors and providers implemented or announced in July.

 

More articles on healthcare finance: 

5 must-reads on curbing insurance claim denials
RCM tip of the day: Use law firms in disputes with payers
Viewpoint: Big data, analytics can help physicians cut claim denials

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars