This 47-bed acute care hospital battled delayed reimbursement and missed revenue due to coding accuracy and productivity. They saw an increase of coding-related denials and lower-than-anticipated reimbursement levels. Coders had limited access to training resources and medical staff fell short on documentation timeliness and completeness goals, leading to relatively high Discharged Not Final Billed.
Client reduces AR days by 36% in 120 days
Related Insights
Accounts Receivable in Healthcare: Smart Strategies to Boost Your Collections
Effective revenue cycle management is a cornerstone of financial stability for healthcare organizations. As volumes and regulatory demands keep growing, it becomes more difficult to sustain positive cash flow. Reimbursement delays, denied claims, and ineffective billing practices tend to lead to backlogs that impact performance.
