Pre write-off Insurance Collections Help Convert Denials to Cash

Hospitals often assume they have no choice but to accept denial write-offs as an unfortunate but inescapable fact of life. But just like football teams that push the ball over the goal line in a final effort to score a touchdown on a fourth down, hospitals and health systems are turning to pre write-off insurance collections to make one last attempt to pull cash to their bottom line.

Contractual Denials

Top Two Contractual Issues That Trigger Denials

If you want to be sure payers consistently reimburse your organization in a timely and accurate manner, it’s important to comply with all contractual requirements – while making certain the payer does, too. Learn more about two major issues that can trigger contractual denials.

Coverage Denials

Keeping the Power On: Tracing Problems that Can Trigger Coverage Denials

Insurance coverage issues that result in denials are a bit like electrical problems: If there is a faulty link or bad connection between the patient and payer, the circuit is broken, a denial is sparked and power–in this case, cashflow–is interrupted. Learn how to trace the provider-payer “wiring” early to ensure proper reimbursement.

Utilization Denials

Utilization Denials Take Many Forms

Who hasn’t experienced trying to buy something online, but the order locks up because some key piece of information is missing or wrong? Usually, the online interface will flag the data in question, so you can quickly make the change and submit your order. Unfortunately, this kind of automated safeguard doesn’t exist in most hospital billing systems when it comes to filing insurance claims.

Recent Posts

Archives

PARA HealthCare Analytics Weekly eJournal

News and information for healthcare providers, revenue cycle professionals and finance executives. Keep up to date on regulatory and coding changes by subscribing to the Weekly eJournal!

View the latest issue