Q: How can my organization’s IT System assist in managing our denials?
A: By obtaining periodic computer generated reports showing your monthly denial rate and your monthly denial recovery rate. If your denials exceed 18% or your denial recovery rate is less than 80%, more effort should be spent on preventing and working denials.
Bruce Jacbos
Director, Financial [...]

I still keep reading that Healthcare bad debts and charity care are rising due to our country’s economic status and the continuous increase in unemployment.  I believe hospitals have tried to cut costs especially in the area of reducing staff, another topic I keep reading about.  I also see that hospitals keep expanding as well [...]

For any organization, the bottom line is a top priority. Experience has shown that there are significant opportunities to improve financial performance throughout a healthcare organization’s operation. Not only are hospitals dealing with a variety of issues that can influence patient care, but also they are dealing with circumstances that can limit or [...]