Topic: Revenue Management

Healthcare spending for all causes increased by $1.4 trillion

A denial rate of over 10% is a clear warning sign and a call to action

1 in 5 Medicare beneficiaries spend 1/2 or more than 1/2 of their monthly incomes on healthcare expenses

Paid medical collection debt will no longer be included on consumer credit reports

The slowly increasing claim denial rate stood at 23% in 2020

Companies using incentive programs reported a 79% success rate

1 in 5 medical practices saw a 50% revenue drop in 2020

81% of physicians had lower revenue than pre-pandemic