GE Healthcare Uncovers $2 Billion of Actionable Denials for U.S. Healthcare Providers

Business Wire press release ----- GE Healthcare has uncovered $2 billion of actionable health insurance claim denials for its customers since January 2016. Of the $2 billion, approximately 30 percent of those denials result from coding issues, costing providers on average between $9 and $24 million per year. Another 19 to 22 percent of those denied claims stem from eligibility discrepancies, resulting in an average of $6 to $15 million in lost revenue. Also among the top culprits for actionable denials are issues with timely filing, prior authorization and credentials. To learn more about GE healthcare uncovering $2 billion of actionable denials for U.S. healthcare providers click on the picture below to read the release.