Research shows resolving duplicate records is costly, resulting in work to correct the record, delays in treatment, repeated tests, and slower collection cycles caused by incorrect and incomplete claims. And that’s just the beginning. Duplicate records also cause serious mistakes leading to lawsuits, which cost millions of dollars and damage your reputation.
Up to 33% of all denied claims are associated with inaccurate patient identification, which costs the average hospital $1.5 million annually according to Black Book Research published in April 2018.
Now imagine having an EMPI solution that establishes and maintains unique entity records by allowing evaluation and resolution of similar records into one accurate and accessible record.