According to Health Exec (5/19, Murphy), a “new Crowe report, ‘Time for a Commercial Break,’” indicated that “it took commercial payors three months or longer to pay 31% of inpatient claims submitted in the first quarter of 2023; this was the case for just 12% of claims submitted to Medicare.” Health Exec added, “Crowe – a public accounting, consulting and technology firm – derived its data from financial transactions at 1,800 hospitals and 200,000 physicians across the” US.
Related Links:
— “‘Forced to jump through hoops’: Commercial insurers are making life harder for physicians “Hannah Murphy, Health Exec , May 19, 2023