According to the advisory board, Healthcare organizations suffer an annual loss from denial write offs. This loss can be as little as 1% to as high as 4 to 5% of net patient revenue. Parathon …
Reduce Denials by 34% With Our Denial Worklists
Parathon offers a sophisticated denial worklists, that enables faster collections and a smarter workflow. Managing denials has never been easier! EMPOWER your team with Parathon. Denial Workflow Can Improve by 76% …
Unlock Potential in Your Zero Balance Accounts
Many times the accounts in a zero balance are ignored or are not a focus to increase revenue for a hospital system. At Parathon, we have a different opinion. We view these accounts as potential …
Why suffer an annual loss from denial write-offs?
According to Advisory Board, Healthcare organizations suffer an annual loss from denial write-offs ranging from as little as 1% of net patient revenue to as high as 4 or 5%. For an average 300-bed organization, …
Hospital Revenue Integrity: Top Priority for Healthcare Leaders
Due to significant changes in healthcare delivery, cost and coverage, payments, legislation, high deductible plans, and a large increase in patient responsibility, providers are looking for better ways to stop revenue leakage. As a result, …
Hospital Revenue Integrity: Top Priority for Healthcare LeadersRead More
Parathon’s Annual User Conference
Parathon’s 2019 Annual User Conference was another successful event! It was wonderful to hear from such high-profile executives on leading revenue cycle topics. Click to register or email us to learn more! To check out …
Operating Losses Per Physician Are Increasing
Operating losses per physician are increasing to 17.5 percent of net revenue. What if you could offset operating losses without costly systems? Parathon is the only company that offers denial and zero balance recovery services COMBINED with …
Why Zero Balance Vendors Fail & How You Can Recover Millions
How are zero balance vendors failing? There are many misconceptions when it comes to zero balance reviews. Many hospital executives feel that because they have hired a well-known or reputable vendor they have exhausted all …
Why Zero Balance Vendors Fail & How You Can Recover MillionsRead More
5 Underpayment Tips
Third-party underpayments are exactly what they sound like – payment requests that are only partially paid. When hospitals send out payment requests to third party insurance companies, their billing departments examine the bills, but …