Denials remain a vexing challenge for provider organizations of all sizes. Change Healthcare’s analysis of claims data shows AI could help identify and flag up to 35% of denials prior to submission.
This new infographic illustrates how much denied claims are costing providers, how much providers must spend to get paid, and how AI can help predict which claims are at risk for denial prior to submission.
There’s no denying that reducing bad debt is at the top of revenue cycle leaders’ agendas. Patient liability has skyrocketed in recent years due to the rise in high-deductible health plans and erosion in coverage.
And many, if not most providers are being tripped up by these changes.