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Healthcare claims processing is becoming more complex, putting financial stability at risk.
Many organizations are turning to technology, particularly automation and artificial intelligence (AI), to improve the speed and accuracy of claims processing in healthcare
Organizations that modernize their claims systems and track key performance indicators are better positioned to reduce denials and accelerate reimbursement.
Despite its central role in healthcare finance, claims processing continues to be one of the most resource-intensive and error-prone parts of the revenue cycle. Findings from the State of Claims report highlight three linked challenges that make it tough for providers to get paid promptly: rising denial rates, recurring errors that lead to even more denials, and the growing burden of rework.