Tool: How Do Your Payers Measure Up?
Posted on 12. Jun, 2009 by in Hot Coding Topics
Coders & Billers: Can you feel your life getting a little easier? Overall, payers are reimbursing providers faster (up 5.3% from last year) and denying 9% fewer claims.
That’s according to Athenahealth, an online medical billing service that has ranked 172 health insurers nationwide for how well they pay up in the physician and hospital arenas. Among the 7 health insurance giants, Humana ranked first, and Coventry Health Care came in last. For more winners and losers, see this summary from Athenahealth.
Cool Tool: Also on the site, a revealing window into how well YOUR PAYERS stack up. Simply select your region, and see how the ‘usual suspects’ rank overall, as well as in particular areas, such as timeliness and ‘transparency’ of denials.
Still don’t feel like you can relax and break out the bubblebath just yet? That’s OK. Audioeducator has an on-demand class coming up that teaches you how to USE THE APPEALS PROCESS LIKE A PRO, with APPEALS QUEEN Barbara Cobuzzi.
- Free updates on CPT, ICD-9, HCPCS, Medicare, NCCI edits, and ICD-10.
- Discounts on 3rd party offers
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