Every Dollar Counts – Maximizing Denial Recovery скачать в хорошем качестве

Every Dollar Counts – Maximizing Denial Recovery

Healthcare practices are being challenged now more than ever. New patient protocols due to the pandemic, significant regulatory changes with CMS, and the 2021 modified Medicare reimbursement schedule are just a few of today’s issues executives are tackling. Fee recovery from denied claims is a critical strategy practices must have to safeguard profitability; however, executing a denial recovery plan is far more complicated than merely setting a billing staff goal. Teams need to track denial patterns, understand transactional activity AFTER the denial, and formulate an appeals process that includes measurable results. An effective analytics platform, along with highly targeted and organized visualizations, will support a practice’s revenue integrity efforts. In this webcast we discuss key strategies to maximize the denials recovery process, track successes and weak areas, and ensure your practice is in the optimal position for financial strength. Topics will include: • Essential categorization of denials into meaningful groups • Analysis of recovery successes and failures from different angles • Departmental causes and corrections with focused dashboards • Implications of recovery efforts on cashflow • Financial benefits of incorporating prevention efforts Originally presented on February 24, 2021, by Practical Data Solutions’ Scott Everitt, MBA, Vice President of Analytic Solutions and Nicholas Rodrigues, Sr. Account Executive at Practical Data Solutions.