Mary Beth Leist // Aug 20, 2019
Motor Vehicle & Workers’ Compensation accident claims typically account for only 2% – 3% of all Emergency Department visits, however they can have a measurable, positive impact to annual revenue if handled appropriately and quickly. Savvy revenue cycle organizations are adapting their billing and recoupment processes to deal with these accounts. By concentrating on their core competency of billing Commercial and government payors (which accounts for 97% of their business) and outsourcing the identification and recovery of MVA & WC claims, they can decrease administrative costs while significantly increase reimbursement levels on these difficult accounts.
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