An analytical framework to calculate the silent drain on clinical margins caused by administrative rejections and underpayments.
A single clinical claim denial costs an average of $25 to $117 to re-process, and nearly 60% of commercial billing denials are never re-submitted. This represents millions in lost revenue for mid-sized healthcare operations.
CFOs should monitor the Clean Claim Rate (CCR). If your CCR is below 95%, you are losing substantial margin. Millennova’s proprietary rules engine actively scrub claims to maintain a 99.2% clean claim rate, preserving profit margins without increasing clinical staff burden.
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