Argos Health Announces White Paper Series on Complex Claims

Tuesday, May 22, 2018 General News
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Experts reflect on the challenges healthcare providers face regarding Workers' Compensation, Motor Vehicle and Veteran's Affairs claims.

DALLAS, May 22, 2018 /PRNewswire-PRWeb/ -- Argos Health, a leader in complex claims resolution for hospital and health

system providers, has released a new white paper series exploring the evolving challenges relating to the processing and reimbursement of Workers' Compensation, Motor Vehicle and Veteran's Affairs claims.

In examining the trends, frustrations and opportunities facing healthcare providers today, the following key subjects emerged throughout the white paper series regarding complex claims:

  • Now more than ever, healthcare providers must make the most of limited resources. Many hospitals lack the specialized talent to resolve complex claims.
  • Workers' Compensation, Motor Vehicle and Veteran's Affairs claims are labor-intensive, often being reworked multiple times prior to resolution.
  • These complex claims are a small portion of a healthcare provider's business but often consume more time per claim than those related to traditional payers.
  • Hospitals feel there is a benefit to utilizing specialized revenue cycle outsourcing firms, and it is becoming a more viable alternative.
  • The improved performance of a specialized vendor leads to higher net complex claims recoveries, even when taking the vendor's fees into account.
  • Outsourcing these claims allows the provider to re-purpose hospital staff to focus on higher priority revenue cycle efforts.

There are three white papers in the series.

The first paper, "A Road Map for Simplifying Motor Vehicle Accident Claims and Maximizing Revenue Recovery," is focused on helping providers to understand what goes on "behind the scenes" to get a motor vehicle / third party liability claim properly paid.

The next paper in the series is "Hospital Workers' Compensation Claims: Strategies for Success." This white paper examines the unique revenue cycle related to workers' compensation claims and what makes the reimbursement process more difficult than for other payers.

The final white paper in the series is "VA Hospital Claims: Deconstructing the Resolution Process." This white paper reviews the inherent complexity of the VA environment and the detailed effort involved in the payment process of each claim.

"Given the high degree of complexity and relatively low volume of these claims, they can be a significant burden on healthcare providers," stated Brent McCarty, Chief Executive Officer at Argos Health. "Our team is specifically trained in these areas and committed to the management and resolution of this challenging inventory for our clients. We're pleased to share our complex claims expertise via this white paper series."

To view the white paper series in full, visit https://complexclaims.com/resources/whitepapers/.

About Argos Health

Argos Health is a revenue cycle partner specializing in the management and resolution of complex claims. They work with hospitals, healthcare systems and physician groups to drive reimbursement and increase claims recovery through their core services of workers' compensation, motor vehicle accident and other complex cases. To learn more visit: https://complexclaims.com.

 

SOURCE Argos Health



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