Revenue-cycle case study: Reducing denials requires team approach
August 27th, 2010A recent article from Fierce Healthcare highlights how one healthcare system uses a team approach toward reducing denials. The case study examines a three-hospital healthcare system that had a dramatic improvement in results from 2008 to 2010 after implementing effective team approach steps.
Here are the highlights:
2008
- 77 days in accounts receivable on average
- Low cash on hand
- 99% percent of the hospital’s claims rejected on the first try
2010
- 37 days in accounts receivable on average
- Tripled cash on hand
- 3% denied claims on first try
Some of the steps they took to achieve these results:
- Counting errors
- Tweaking health information system
- Adding new scrubbing software
- Training revenue-cycle staff
- Educating the clinical team
For details of this remarkable case study visit Fierce Healthcare: Revenue-cycle case study: Reducing denials requires team approach
What steps does your healthcare organization take to help reduce denials?
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