4 Features Hospitals Should Look for in a Healthcare Underpayment Revenue Recovery Solution
The automated billing and reimbursement systems used by hospitals and health insurance companies are generally accurate. However, some insurance claims will inevitably be underpaid. This can happen even when all of the procedures have been coded correctly. For a hospital, even small discrepancies in payment can add up to millions of dollars in lost revenue over the course of a year. It's important for hospitals to recover this revenue by filing appeals for underpaid claims.