Meduit Innovation Lab Blog

Going to the RCM Playbook for Denials Success

Written by Meduit RCM | Oct 24, 2024 1:00:00 PM

What should an academic medical center with multiple hospitals do when facing a surge of claim denials and a growing backlog of aging accounts receivable (AR)? Asking for help is smart. However, asking for help from a partner with a comprehensive claim denials playbook can be truly transformative.

Meduit’s latest case study, Following Our Denials Playbook to RCM Stability, examines our collaboration with an academic medical center that lacked the necessary staff, AI capabilities, automation tools, and data reporting to manage claim denials and aging AR effectively. As a result, their denials spiked by more than 20% in just one year.

Discover how our Meduit team employed targeted strategies from our Denials Playbook to attack the problem from multiple angles, aiming to achieve three primary goals:

  • Reduce Denials
  • Reduce AR
  • Accelerate Cash Flow

The revenue cycle challenges highlighted in this case study aren’t unique; your healthcare organization might be facing similar issues. Learn more about how to improve RCM processes and performance in your own organization, and the value of collaborating with a proven RCM partner, when you download the case study here: https://hub.meduitrcm.com/denials-playbook-case-study