Veredi Revenue Cycle Solutions
Our mission at Veredi is to improve the healthcare industry by driving down claim management costs.
Why is healthcare revenue management so challenging?
The answer: Denied insurance claims. More than 25% of all healthcare insurance claims are denied when first presented for payment. Effectively, a fourth of the provider’s “invoices” are returned unpaid. No other industry faces a collection problem of this magnitude. The result is vast inefficiency and a large sub-industry devoted to healthcare revenue management.
Reducing the number of denied claims is the key to improved efficiency and cost control for both providers and payers. [insert research reference/stats] Veredi’s products use leading edge data analysis technologies to dramatically increase the payment rate of submitted claims, resulting in lower receivables for providers and reduced overhead for all healthcare organizations.