Clinical audits and denials impact 3% or more of NPR being held in reserve
Clinically avoidable denials continue to impact revenue, slow cashflow and increase bad debt, yet CFOs have limited insight into why these denials occur and how to avoid them. Half of healthcare organizations hold more than 3% of total net patient revenue (NPR) in...
HFMA Survey Indicates Executive Concern with Clinically Avoidable Denials
Norristown, Pa. – Nov. 2, 2022 – Ongoing disconnects in denial prevention and management are leading to negative revenue impacts, according to respondents in a recent HFMA survey of healthcare finance and revenue cycle executives, sponsored by MRO, a proven clinical...
Use Case: Audit Manager
Background Summary Leverage technology to automate repetitive and duplicative tasks, ease the burden of volatile staffing levels, and drive a positive financial impact of claim monitoring and adjudication with MRO Audit Manager. With a nearly 58% increase in...