Overcome Denials Challenges Through Rehabilitation Partnership

Denials for Medicare and private insurance claims are steadily increasing, becoming a critical concern for healthcare providers across the spectrum. In fact, both commercial and public payers are now denying about one in every 10 submitted claims, costing health systems up to 2% of net patient revenue, according to the Advisory Board.

 

Further, many providers are experiencing:

  • 80-100% reimbursement denial rates
  • $350,000-$400,000 in denial costs per year

 

This trend is expected to rise in the coming years. The good news is there are proven strategies to help overcome this rise and ensure patients receive the medically- appropriate care they need to reach a full recovery. For instance, 90% of claims managed by Kindred Healthcare are successfully appealed.

 

Read this Q&A style guide to learn the key factors causing a rise in denials and proven strategies to increase patient access for those that need it most.

Sponsored by: