Tag: revenue cycle management

Denial Management Outsourcing — Revolutionizing Healthcare Outsourcing | SourceCycle

Denial Management Outsourcing: A Step-by-Step Recovery Framework

Key Takeaways By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing The Denial Crisis Hiding in Plain Sight A decade ago, the typical US hospital operated with a claim denial rate between 5 and 8 percent. That number was manageable. Most organizations absorbed it as a cost of doing

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Why U.S. Hospitals Are Losing Millions to Claim Denials

And How Offshore RCM Teams Fix It By Andy Schachtel, CEO of Sourcefit | Global Talent and Elevated Outsourcing Key Takeaways In 2019, the average claim denial rate at U.S. hospitals sat around 8%. By 2025, that number had climbed past 10% across the industry, and at some health systems it had

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