It has been estimated that one in every seven insurance claims is denied, and 20 percent of those are never resubmitted. Denied claims have become the single largest contributor to increased bad debts and reduced cash flow. Forced to pursue the patient for payment, many hospitals write off revenue and use collection agencies. CareMedic's Remittance Reporting is a data mining solution that captures, stores and reports on your 835 data, regardless of source, allowing you to easily analyze the root causes of your denials, identify trends and focus on payer issues.
Payment Management Denial Recovery Services For more information, contact us via the Web or call us at 1-800-508-8494.