MDaudit is highlighted in Healthcare IT Today’s November 24, 2024 edition of “Bonus Features,” which reports a significant 125% increase in medical coding denials compared to the previous year, as revealed by MDaudit’s 2024 Benchmark Report. The report also notes that audit rates have doubled in 2024, and clinical denials have risen by 51% over the past three years. These findings underscore the escalating challenges healthcare organizations face in maintaining revenue integrity amid increasing payer scrutiny.
The inclusion of MDaudit’s insights in this industry roundup reflects the growing importance of data-driven strategies in addressing the complexities of healthcare revenue cycles. By analyzing vast amounts of billing, audit, and payment data, MDaudit empowers healthcare providers to proactively identify revenue risks and streamline compliance efforts. This feature in Healthcare IT Today affirms MDaudit’s role as a leader in healthcare innovation, providing solutions that drive financial sustainability and operational excellence.
Read the full article here: Bonus Features – November 24, 2024 – Only 16% of patients prefer online pharmacies, medical coding denials up 125% in the last year, plus 27 other stories