According to the January 2008 issue of the Healthcare Financial Management Magazine Hospitals were losing anywhere from 8% to 14% of their managed care and commercial revenue because of improper payments. I am sure with inflation the figure has probably grown, and in this economy how many hospitals can really afford to write off 8-14% [...]

While recently performing a Retroactive Managed Care/Commercial Underpayment Review on our most recent client it really hit me in the face how much money hospitals are leaving on the table. I am sure most CFO’s and Managed Care Directors believe all you have to do is bill the claim and the managed care and commercial [...]