Here are two ways outdated systems hurt revenue:
1. Healthcare providers spend $9.5 billion each year on administrative tasks such as coverage verification, sending and receiving bills and obtaining prior authorization.
2. More than half of U.S. adults say they’ve received a surprise medical bill, which could deter them from coming back to a facility for care.
More articles on coding, billing and collections:
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3 ways ASCs can increase profits through managed care contracts
What CMS’ decision to pay separately for Exparel use means for ASCs — 5 insights
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