Change Healthcare Analysis Shows $262 Billion In Medical Claims Initially Denied, Meaning Billions In Administrative Costs

Change Healthcare analysis shows $262 billion in medical claims initially denied, meaning billions in administrative costs

  • June 27, 2017

A new study by Change Healthcare released at the 2017 HFMA ANI conference in Orlando this week revealed compelling statistics about claims denials and their financial impact on hospitals. Citing the results of the new Change Healthcare Healthy Hospital Revenue Cycle Index, Healthcare Finance reported that out of roughly $3 trillion in medical claims submitted by hospitals in the U.S. last year, around 9% of charges, or $262 billion, were initially denied. Read the article

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Report: Claims Appeals Cost Providers Up To $8.6 Billion Annually

Report: Claims Appeals Cost Providers Up to $8.6 Billion Annually

  • June 27, 2017

Research from Change Healthcare finds the typical health system risks $4.9 million each year due to claim denials, Managed Care reports. The story cites data from the Change Healthcare Healthy Hospital Revenue Cycle Index, which draws it conclusions from a sample of 3.3 billion hospital transactions valued at $1.8 trillion. Read the article

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Insurance Claim Denials Cost Hospitals $262 Billion Annually

Insurance claim denials cost hospitals $262 billion annually

  • June 27, 2017

New data shows that denials cost hospitals $262 billion annually, sparking cash flow issues and increasing recovery costs, Modern Healthcare reports. Reporter Dave Barkholz, citing a national analysis from Change Healthcare, notes that hospitals can try to avoid claim denials by automating their revenue-cycle workflow, and use analytics to pinpoint problems and improve processes to reduce denials. Read the article

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Change Healthcare: $262B In Healthcare Claims Initially Denied In 2016

Change Healthcare: $262B in Healthcare Claims Initially Denied in 2016

  • June 27, 2017

A new analysis by Change Healthcare found that of $3 trillion in medical claims submitted to payers last year, 9% of charges were initially denied, HIT Consultant reports today. Reporter Fred Pennic adds that, for the typical health system, as much as 3.3% of net patient revenue was put at risk due to denials. Read the article

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$262B In Healthcare Claims Initially Denied In 2016

$262B in healthcare claims initially denied in 2016

  • June 26, 2017

Out of an estimated $3 trillion in medical claims submitted by hospitals in the U.S. last year, an estimated $262 billion were initially denied, AuntMinnie.com reports. The story cites new data from Change Healthcare, which found as much as 3.3% of net patient revenue was put at risk due to denials. Read the article

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