Let HERS be your Revenue Enhancement Partner.
- Increased profitability; optimizing revenue
- Decreased expense; controlling costs
- Let us help you profile your denials.
- With strategic analysis we can profile the areas where you are losing the revenue.
- First time submission generally results in approximately 30% denials. For a practice with half a million turnover in services, you are being denied $150,000. The overall average loss in reimbursement on a per case basis is between $300 and $400. May vary in different locations due to varied case mix and payer mix.
- The denials mean decreased cash flow. The research, reinvestment of time and personnel and resubmission increase your expense.
- If not followed by properly, you lose that hard earn 30%. You may be lacking experienced staff to resolve the issue.
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