NOTICE: This document contains confidential or proprietary information which may be legally privileged. It is intended only for the named recipients, and may not be shared with vendors outside of Craneware.
2001 – 57% of hospitals were paid less than the actual cost of caring for their Medicare patients¹
92% of hospitals lose money on outpatient services – the fastest growing segment of hospital billable services
Medical necessity denials “cost” hospitals more dollars than received in collections in some hospitals
“Lost” revenue has contributed to the negative margins experienced by nearly one-third of all U.S. hospitals every year
When is revenue not really “CASH”?
When it’s still in “CHARGES”
¹AHA, The Case for Hospital Payment Improvement, May 2003