Recent survey and system data are again suggesting that payers’ increasing claims denials are a pain point for healthcare providers. Nearly three-quarters of the 210 provider revenue cycle leaders surveyed by Experian Health this summer said claim denials are increasing, as opposed to 42% from the revenue cycle technology company’s last survey in 2022. Two-thirds said reimbursement times are increasing, 55% said errors in claims are increasing and 77% said payers are changing their policies more frequently, according to the survey report. Each of those responses were higher than in 2022.
Read the full article: Provider Surveys, Vendor Benchmarking Data Underscore Rising Claims Denial Rates //
Source: https://www.fiercehealthcare.com/providers/provider-surveys-vendor-benchmarking-data-underscore-rising-claims-denial-rates