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Don't Waste Time! 6 Facts Until You Reach Your Denial Management Software

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Don't Waste Time! 6 Facts Until You Reach Your Denial Management Software

Healthcare Revenue System’s Denial Management Software will increase payment recovery by identifying the muse reason for denied claims and providing the tools to facilitate a timely resolution. So with no delay, allow us to get into more details about this relevant subject.

With the employment of intelligent work queues, denied charges are automatically routed to appropriate staff members for follow-up. At absolutely no cost to you, it'll take your data and calculate your facilities’ Denial Recovery Rate, Denials as a Percentage of Charges and therefore the other Key Process Indicators you'd prefer to trace and report back to you via the simplest Financial Dashboard.

They recommend uploading one year of data, but the strategy works just the identical with one week, one month, or two years of data, whatever you would like. Please allow approximately a period from the time they receive the information before they're going to have all the graphs, reports, and Key Process Indicators updated within the Financial Dashboard.

Financial Dashboard

All-inclusive reporting allows users to group deprived claims into logical categories supported by common root causes, allowing informed decisions into curative actions needed to attenuate denials. Productivity reports display the number of claims worked by staff in any timeframe amount of it slow.

The Denials Management Software provides our clients a precise and real-time method to measure their current Denial Recovery Rate and consider it as a monthly trend over 12 – 36 months. The Denial Management Software can “push” the Denial Recovery Rate graphs and statistics bent any employee daily via clear and easy-to-know email messages.

 

Repository for Appeal Letters, Remittance Documents, and Bills

They analyze your remittance data and present it to you in a summarized and easy-to-understand format. You'll have a full understanding of your denials volume, where the denials are coming from and what matters is improving or getting worse.

Denials Workshop

The Denials Workshop is on the market as actually because the client finds it beneficial. The proposal is given once in an exceedingly month, but it's often provided weekly, quarterly, or whatever works for you.

Customizable

All components are modified to the client's requirements.

Key benefits:

•          Increase cash collections

•          Identify denial trends and root causes

•          Increased user productivity

•          Monitor user productivity

Denials Workshop

Do you identify your Denied Charges revival rate (Overturned Denials)? Would you favour to be ready to compare the Denied Charges Recovery rate through the Denial Management Software from one biller to the next? Using the Denial Management Software package you'll know exactly what your Denied Charges Recovery Rate is by the payer and in aggregate.

The messages are formatted to display in an intuitive graphic that will be viewed on a monitor, iPad, or any mobile device. All data is updated nightly so that at the beginning of each business day the Denial Management Recovery Rate and other Key Process Indicators (KPIs) are available. The Denial Recovery Rate data and graphs are often highly categorized and displayed in any manner that a client requires.

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