Recovery of more than $20 million across first 18 months of partnership | Denial rates decreased by 67%
Very quickly, the Advent team considerably reduced inpatient denials, and, as a result, the provider’s monthly gross recoveries significantly – and proportionately – increased. Additionally, Advent’s shared education and best practices fostered collaboration between key hospital departments: case management, utilization review, and patient financial services.
Average of 300 pre-bill claims reviewed monthly across 12-month project | Denial rates reduced to 1/3 of year prior to Advent’s engagement
Advent’s success during this pre-bill review project led to an internal pre-bill review department that now performs 100% of these reviews.