The Quest for Lost Revenue & Denial Prevention Presented by Timothy Mills
As presented at HBMA's 2022 Fall Conference September 15th-17th, 2022.
Every year, billing and coding becomes more complex seemingly at the same rate that pressure increases on provider margins. When industry trends indicate that 90% of denied claims are preventable, shifting your organization's focus to denial intervention and education, while engaging a partner to recoup lost revenue on your behalf will improve overall revenue cycle workflow. This session focuses on implementing best practices for using coding technology and clinical claims editing coupled with a risk-free denials and underpayment recovery solution to maximize reimbursement. The end result is revenue leakage prevention, cash acceleration, and payment integrity optimization.
- Identify your organization's rate of claim denial and rejection
- Recognize where revenue leakage occurs within the revenue cycle and how technology and education improve this process
- Learn how risk-free zero balance reviews recoup lost revenue
- Develop best practices implementing a comprehensive revenue cycle optimization plan to maximize reimbursement