Underpayments Recovery
Underpayments remain highly impactful on both providers and patients. Providers may see noticeable decreases in their revenue while patients are faced with additional financial responsibilities due to underpayments. Tackling underpayments is challenging and often demands resources that providers might lack.
Cognizant can help. We can deploy our proprietary contract management and underpayments analysis algorithms, combined with our team of revenue cycle experts, to efficiently audit clients’ data to identify clinical edit-related denials and payments. With decades of experience in revenue cycle management, Cognizant can also group and submit the appeals on behalf of clients and utilize our payer relationship experts to follow the appeal through to reimbursement.
A partnership with Cognizant can help providers:
- Identify and utilize untapped sources of revenue
- Leverage expertise from underpayments and payer relationship professionals
- Reduce financial risk with an outcomes-based pricing model.