Premier conducted a nationwide survey of hospitals, health systems and post-acute care providers, gathering data on their experiences with issues including medical claims, prior authorizations and claim-related delays in care delivery.
Here are four additional survey findings:
1. Of the claims sent to payers that are denied, an average of 3.2% were claims that had been pre-approved through prior authorization.
2. Among claims that had been denied, 54.3% of denial decisions were eventually overturned by payers.
3. The work to get initially denied claims overturned cost hospitals and health systems an average of $43.84 per claim.
4. Considering that payers process approximately 3 billion claims annually, hospitals and health systems spend about $19.7 billion every year pursuing claim reconsiderations.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
