Much of this exorbitant spending can be blamed on the fragmented, disjointed processes and systems that healthcare staff use to create claims. Manual patient registration tasks are time-consuming, repetitive and vulnerable to human error, which results in expensive claims denials.
Experts are suggesting that between 13% and 30% of Medicaid patients will lose coverage. Add to this the ongoing labor shortage and you have a perfect storm for reduced revenue. Outsourcing can help you meet these needs.To learn more about the benefits of outsourcing, read our fact sheet.
Did you know that most health plan members have no idea that they have cost estimation tools available from their health insurance plan? In fact, only 1 in 3 people recall ever being told about these resources, but a whopping 67% list this as one of the top five most important health plan resources.
