https://www.hgshealthcare.com/wp-content/uploads/2019/09/746441548.png 274 470 Virgil Wong https://www.hgshealthcare.com/wp-content/uploads/2021/10/HGSHealthcare-logo-color.svg Virgil Wong2021-02-08 17:05:592021-12-24 12:33:50For better RCM, prioritize people and track with technology
Proper revenue cycle management (RCM) involves careful documentation of the entire patient journey. Once captured by a proficient employee, patient and member data can be handed over to AI-based systems to reveal insights.
https://www.hgshealthcare.com/wp-content/uploads/2021/01/Hero_Industry_Healthcare.webp 782 1439 Virgil Wong https://www.hgshealthcare.com/wp-content/uploads/2021/10/HGSHealthcare-logo-color.svg Virgil Wong2021-02-01 17:06:512021-07-30 08:31:46Preventing and appealing clinical denials with analytics, automation, and AI
U.S. hospitals lose $262 billion due to denied claims each year, representing 10% of the total claims paid. Unraveling the root cause of denials costs an average of $118 for each claim. Applying modern technology — such as analytics, automation, and artificial intelligence (AI) — can help to increase the number of clinical denials investigated, boost appeal effectiveness, and unearth root cause.