Craneware InSight Announces Denial Management Webinar Series
Murfreesboro, Tennessee, April 25, 2011…Craneware® InSight, a leading provider of revenue cycle tools and services for hospitals, today announced it will be hosting a free webinar series titled, “Advanced Denial Management to Maximize Revenue Integrity,” which will provide attendees with an overview of best practices, policies and useful tools that will help healthcare organizations more effectively manage claims denials. Registration for this series of one-hour webinars, slated to run in May and June, is open now at the Craneware Webex registration page.
According to the HFMA Payment & Reimbursement Forum, most provider organizations are sacrificing significant legitimate revenue, with the average hospital losing 7-10% of revenue to denied claims that could have been successfully corrected and resubmitted. In addition to losing revenue, healthcare organizations are creating higher volatility and management costs within the revenue cycle by not effectively analyzing and addressing their denials.
Narrated by Karen Bowden, Senior VP of Craneware InSight’s consulting division, and Jeff St.Vrain, manager of marketing and product management, the “Advanced Denial Management to Maximize Revenue Integrity,” webinar series will focus on Craneware InSight’s extensive experience with providing healthcare organizations with the tools and counsel they need to successfully manage claims denials and will provide proactive measures organizations can take to prevent future denials.
“Based on years of experience with hospitals and a thorough analysis of current data within the revenue cycle field, we found that there is a real hunger in the marketplace for more in-depth information about denial management,” said Ms. Bowden. “This free webinar gives us a platform to explore the ongoing challenges that organizations are facing when it comes to preventing and responding appropriately to denied claims. For many organizations, implementing the practices we will outline during the webinar series will mean the difference between operating in the red and staying in the black.”
To sign up or learn more about the “Advanced Denial Management to Maximize Revenue Integrity” webinar, please go to Craneware Webex registration page.
The webinar will also feature a short demonstration of InSight Denials®, the most powerful tool available today for drilling into 835 remittance data to uncover the root causes leading to denials. It analyzes, tracks, trends and reports on denial data, enabling hospitals to efficiently rework existing denials and prevent denials from reoccurring.
About Craneware InSight
Craneware InSight focuses exclusively on hospital revenue cycle tools. That singleness of purpose enables it to deliver the industry’s most effective mix of software and services designed to ensure that hospitals collect more of the revenue they are entitled to as fast as possible. From all-payor medical necessity verification at the front-end to contract management, denials prevention and audit tracking, Craneware InSight’s web-based products target the key revenue cycle inflection points that have the greatest impact on your bottom line.
