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Change Healthcare Analysis Shows $262 Billion in Medical Claims Initially Denied, Meaning Billions in Administrative CostsA new study by Change Healthcare released at the 2017 HFMA ANI conference in Orlando this week revealed compelling statistics about claims denials and their financial impact on hospitals. Citing the results of the new Change Healthcare Healthy Hospital Revenue Cycle Index, Healthcare Finance reported that out of roughly $3 trillion in medical claims submitted by hospitals in the U.S. last year, around 9% of charges, or $262 billion, were initially denied.

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Research from Change Healthcare finds the typical health system risks $4.9 million each year due to claim denials, Managed Care reports. The story cites data from the Change Healthcare Healthy Hospital Revenue Cycle Index, which draws it conclusions from a sample of 3.3 billion hospital transactions valued at $1.8 ...

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