Having access to your claim reporting is essential in order to create an effective revenue cycle funnel.
Using your Anagram-provided clearinghouse TriZetto, you can...
Track Claim Status – Providers can use the claims report to monitor the status of submitted claims, checking for approvals, rejections, or pending claims.
Identify Denials and Rejections – The report helps pinpoint claims that have been denied or rejected by payers, allowing staff to correct errors and resubmit them promptly. ** Hint: by hiring Anagram's RCM services, our team will work denials and rejections for you.
Revenue Cycle Management – Analyzing claims data helps providers understand revenue patterns, spot delays in payments, and identify trends affecting cash flow.
Compliance and Auditing – Providers use claims reports to ensure compliance with billing regulations and prepare for audits by having a record of all submitted claims.
Insurance Payer Performance Analysis – The report allows healthcare organizations to analyze which insurance companies process payments efficiently and which ones frequently deny claims.
Patient Billing Accuracy – It helps verify that patient statements accurately reflect what has been billed to insurance and what remains as patient responsibility.
Identifying Coding Issues – The report can highlight common coding errors, such as missing modifiers or incorrect diagnosis codes, that lead to claim denials. ** Hint, by hiring Anagram's RCM services, our team will identify these for you and provide feedback to reduce denials over time.
Forecasting Revenue – By analyzing past claim submissions and reimbursements, providers can estimate future revenue and plan their operations accordingly.
Claim Volume Analysis – Organizations can assess how many claims they are submitting within a specific timeframe and compare it to expected reimbursement rates.
Efficiency Improvement – Healthcare providers can use the report to identify bottlenecks in their claims process and improve efficiency by streamlining workflows.
Accessing TriZetto's Claim Reporting Function
Step 1: Navigate to https://mytools.gatewayedi.com/
Step 2: Click Reports
Step 3: Click Run Transaction Summary
Step 4: Select the Month to Date Option
Step 5: Click Create Report