Denials are dangerous for you and your patients. Whether you create dashboards, build software, or work toward other denial-prevention solutions, the root of most denial issues lies in messy data.
Do you use multiple data systems that can’t work together? Are you losing money because you don’t have direct access to accurate data? If so, you’re not alone. Messy data is damaging the revenue cycle for healthcare leaders everywhere, and it’s time to find solutions.
Value-based reimbursement complicates the revenue cycle, and organized data is key to staying on top as it becomes more prominent. When your data is out of your control, your health system and your patients lose money. If issues with disparate data systems and data silos threaten revenue cycle functionality, you can fight back with the productivity of your staff.
In 2010, the Department of Veterans Affairs (VA) implemented a groundbreaking healthcare technology tool specifically designed to let clients easily view and download their personal health information. This came in the form of a secure web portal called “Blue Button,” in reference to the blue-colored oval that users clicked to see their complete medical histories.
When trying to reduce the costs of patient care, hospital leaders and other medical facility decision-makers need to think comprehensively.
Medical identity theft can become a major problem for patients and providers.
Regardless of what type of practice you might run, patient satisfaction and operational efficiency need to be the highest priorities of all.