RCM Insights and Discoveries

Discover valuable insights on the latest trends, challenges, and emerging opportunities.

27%

Of errors linked with denials emerge from the registration eligibility workflow.

78%

Of respondents stated that charge capture is essential for their organization’s success.

84%

Of hospital organizations stated that the cost of complying with insurer policies is increasing.

25%

Of healthcare organizations struggle to identify billing errors.

79%

Of physicians reported that patients abandon treatment due to authorization struggles with health insurers.

67%

Of all denied claims are appealable.

10%

Of the revenue of healthcare facilities is lost due to patient leakage.

20%

Of patients prefer switching providers if required to wait too long.

80%

Of medical bills contain errors, as estimated by US healthcare professionals.

77%

Of providers claim that it takes more than a month to collect payments.

25%

Of healthcare organizations are not using the electronic credentialing process.

Bring a change to your Healthcare Operations

A partnership with Synova gives you an inherent:

Adherence towards federal, state, and organizational compliances, as well as safeguarding patient data.

Sense of ownership and commitment towards providing value.

Focus on speed, accuracy, efficiency, and optimal outcomes.

Sense of security and transparency through periodic reporting and actionable insights.

Connect with our experts for a quick analysis and possibilities.

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