Leveraging Predictive Analytics to Attach Denials
If you were unable to join us for our recent webinar on March 16, 2017 we wanted you to have another opportunity to enjoy this valuable content presented by David Franklin, Chief Operating Officer for Connance.
David focused his presentation on the fact that high denial rates can have a detrimental impact on the revenue cycle. As he shared, “The key to improving revenue cycle operations is to understand the root causes of insurance denials and attack those causes at their source.”
Improving denials management productivity can help your organization to:
- Automatically route denials and underpayments to the right collector/ team for faster resolution
- Claim status in real-time to improve collector productivity and reduce unproductive biller work
- Lower vendor fees by replacing simple balance-based or age-based vendor placement logic with cash value logic
The success Connance has achieved is based on advanced predictive analytic models leveraged to provide workflow insight and direction. Feel free to hear more and enjoy it at your convenience or share with your peers. Click Here.
If you have specific questions please feel free to reach out to Connance directly at firstname.lastname@example.org.
About State Collection Service, Inc.
Since 1949, State Collection Service has provided quality collection service to countless healthcare organizations.
Through experience and innovation, State Collection Service has grown to become a tremendously credible and nationally-recognized collection agency offering services from pre-registration to bad debt. It is upon the basis of ethical behavior and a dedication to integrity that each State Collection Service employee works to uphold the company's vision – Partnerships for a Lifetime.
*This article first appeared in "A State Collection Service, Inc. Newsletter Volume 23, Number 2, Second Quarter 2017"