76% of healthcare financial leaders say that denials management is the most time-consuming revenue cycle task for their organization

Source
AKASA

Year
2023

Statistic Info

This statistic illustrates the complexity of the denials management process, which can be extremely difficult to navigate without proper support. Denial management encompasses all activities related to responding to denied claims and includes researching, identifying, and appealing denials. It is a labor-intensive practice that can involve cross-departmental collaboration with medical coders, healthcare finance professionals, billing staff, and other personnel.

Author: AKASA