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Hospitals
Ambulatory Surgery Centers
Speciality Practice Groups
Radiology Centers
Errors and inefficiencies in administrative processing of billing in healthcare lead to upto 1-5% of net patient revenue loss for providers - Hospitals often take upto 90 days to get paid by consumers and payers- 12% of all outpatient and 14% of all inpatient claims are denied. This is compounded by a 30% shortage of medical coders.
Key Challenges
High Attrition
Lack of Availability of Skilled Workforce
Burnout and Low Levels of Productivity
Changing Coding and Billing Guidelines
Increased Volume and Complexity of Cases
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