Insurers deny about $262 billion in hospital inpatient and outpatient claims a year, according to a new study.
That amounts to about nine percent of approximately $3 trillion in claims hospitals file with insurers a year.
Of that rejected $262 billion, roughly 63 percent is recoverable but that costs hospitals $118 per claim, or nearly $9 billion a year in costs associated with that recovery.
Learn more about this analysis produced by Change Healthcare in this Healthcare Finance News article.