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Healthcare billing is a complex, error-prone process. Claim submission errors are frustrating for providers, insurers, and in particular, mental health patients. Incorrect bills and denied claims can cause anxieties that can impact the overall patient experience to the point where they may choose a different service provider. Resolving billing errors and resubmitting claims can be a time-consuming, process rife with hidden costs, straining the billing department and negatively impacting revenue. Inovalon’s Revenue Cycle Management (RCM) technology helps minimize errors to improve the patient experience, streamline operations and increase revenue. |
