Denial rates have steadily increased, with providers seeing rejection rates as high as 10% to 15%.

A recent State of Claims 2024 report by Experian highlights growing inefficiencies in healthcare claims processing, with rising denial rates and increased administrative burdens impacting providers. As the industry shifts towards value-based care, improving revenue cycle management is crucial to minimizing financial losses. The report urges providers to invest in modern technologies and data analytics to enhance claims accuracy and reduce denials.

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