How Can AI-Driven RCM Solutions Prevent Revenue Leakages in Hospitals
Revenue leakage in hospitals refers to the loss of potential income due to errors, inefficiencies, or overlooked billing opportunities. It often arises from inaccurate patient data, coding mistakes, or delayed claims processing. These issues can result in underpayments, missed charges, or even claim denials. Over time, these small gaps can lead to substantial financial losses, making it vital for hospitals to identify and address revenue leakages promptly.