The best way to keep your income stream flowing properly is to prevent claim denials. Read below for the top 7 denial reason codes and prepare a strategy to keep them to a minimum in your practice.
To read more visit our Biller's Blog.
by Shavara
Shavara has the accumulated 'experience capital', the market know-how, the intricacies of coding, billing and connectivity that we have 'learned'. It is the basis of the work we do in Catalysis - Shavara's Professional Services Engagements.
ThinkCatalysis
Revenue Cycle Management: solved.
What is Catalysis?
To "catalyze" is to rapidly advance by applying powerful tools and industry expertise. Catalysis becomes the process to gain access to the power, apply it to solve gaps and vulnerabilities - then rapidly advance. Shavara possesses the tools to apply Catalysis via collaborative engagements. Our infinite targets are the enterprise organizations: Hospitals, clearinghouse processors, Insurance companies (payers), and large physician practices, peppered throughout the Healthcare system that all share equally the challenges, pitfalls, inefficiencies, ineffectiveness, and the deliberate speed-bumps placed there by bureaucrats to slow down the revenue cycle.
What are the costs of these speed-bumps to the Healthcare system? The costs are in the billions.
Inefficiencies / ineffectiveness
- a higher cost of money due to extended A/Rs
- a higher cost of operating due to the number of additional staff required to research and chase down A/Rs
- a decline in the quality and calibre of care - care outcomes due to the necessity of placing so much cost on the administrative and operational side of the equation
Therefore, solving this eliminates and holds the potential to improve organizational effectiveness, reduce the cost of healthcare and improve healthcare outcomes.
So, who is Shavara? What is that old lamp on the corner of the desk?
That lamp holds wisdom. The cumulative potential of that wisdom holds the potential to dramatically impact operational effectiveness and improve healthcare outcomes.
Contact Us Now
For Information on Catalysis contact Shavara's Services Division
