Even before the pandemic, insurance denials were a major and costly problem in healthcare. Finding ways to reduce denials and ensure you’re paid every dollar you’re entitled to has never been more important.
The COVID-19 pandemic continues to cause extreme financial hardship for hospitals, health systems and all providers. Falling operating margins and increasing denials make it even more important to stay abreast of regulatory changes regarding COVID-19.
Due to widespread noncompliance with the Health Care Transparency Act, CMS has launched proactive audits of hospital websites. Warning letters are being sent and monetary penalties may be administered
Improved AR Performance. Immediate results.
HFRI, a leader in accounts receivable recovery and resolution, works as a virtual extension of your hospital central billing office to help you resolve and collect more of your insurance accounts receivable faster and improves operating margins through a seamless and collaborative partnership with your internal team.