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Outpatient Therapy

Grow Your Rehab Therapy Practice Using Paid Ads and Search Engine Marketing

When done right, paid advertising and search engine marketing are amazing tools to reach new patients and grow your business. By applying several basic tactics, you can start using powerful digital advertising platforms like Google and Facebook to target specific audiences and help ensure a steady flow of business for your practice. Click to View […]

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Hospice

Five Key Stressors Hospice Professionals Face, with Guidance for Support

Hospice professionals help others face death and loss, while juggling interdisciplinary communications, quality compliance regulations and ever-evolving technologies. You are continually there for families and their dear ones who are passing away. But what about you? Get the eBook In caregiving professions, it is easy to get swept up in the needs of others and forget […]

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Leadership

Net Health’s CIO discusses diversity and how it can build a stronger organization

Diversity in the workplace is an on-going issue but it’s an issue with solutions. To build diversity, it takes forward-thinking initiatives, a reexamination of the hiring philosophy, and the support of the company’s decision-makers.  One such supporter of diversity in the workplace is Net Health’s CIO, Jason “JJ” James.  Recent social movements like Black Lives […]

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Our Culture

Tough Questions | Real Answers: Net Health’s Fireside Chat about Race

Net Health did something different recently. Nearly two hundred employees and their families gathered around their computer screens to take part in a landmark event in our company’s history – we called it a “Fireside Chat about Race”.  The purpose of this event was to have a truly open conversation about the controversial but relevant […]

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844.464.9348

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772.403.1301

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Optima Therapy

772.403.1301

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(formerly ReDoc)

844.464.9348

Net Health Wound Care
 (formerly WoundExpert)

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Industry News Employee Health Better RCM Outcomes: Don’t Delay Denial Management

Better RCM Outcomes: Don’t Delay Denial Management

November 18, 2017 by Net Health

Denials are a bottom-line damaging problem for hospitals, clinics, and practices everywhere. In most cases, denials are also recoverable or preventable. To truly slow the revenue leak, healthcare businesses need to make changes to their revenue cycle strategy (RCM).


Be Preventive with Analytics! 

To reduce denials and stay on track, identify what is causing your denials. Luckily, we’re in the age of analytics and practice data is just a click away. Figure out and track what root issues (be that – registration errors, insufficient or incorrect documentation, false coding, or billing errors) is the right first step in closing the faucet on revenue leak. From there, whichever base issue is having the biggest impact can be strategically corrected.

Get Effective at the Registration Stage!

According to Healthcare It News, “About 30 percent to 40 percent of denials are the result of registration and pre-service related challenges”. Having staff perform timely, standardized, and proven eligibility checks throughout the patient journey prevents qualified patients from slipping through the cracks.

Plan in Advance with Pre-Authorization!

Streamline the pre-authorization process by dedicating a group of employees or looking to a Revenue Cycle Management service to provide guidance on meeting all points of integration. The back-and-forth information passage between the care provider and payer needs to be prompt and precise. A smart way to hasten pre-authorization is changing it from a completely manual process to an automated step in a workflow. Solutions such Net Health’s RCM services systemize pre-authorization processes to satisfy payers and maximize workflow efficiency.

 


The Denials Challenge

Few hospitals would admit to not having a denials management program, yet one in five claims for services already rendered is denied or delayed.

Read the full article by Jason Williams at Healthcare IT News

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Filed Under: Employee Health, Industry News, Rehab Therapy, Urgent Care, Wound Care

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