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HOSPITALS SECOND CHANCE LOOPHOLE TO RECOUP LOST 2020 FUNDS WITH ERISA APPEALS

By Anthony Delabano on Mar 23, 2021

The financial impact of the Coronavirus Pandemic on the United States Healthcare System has had lasting impact which will reach far into 2021 for many hospitalsWe’ve just recently seen claims denial rates jump to a staggering 23% in 2020, but there’s a bit of good news for those working to recoup lost funds. Thanks to two loopholes, for the first time in history, hospitals can reach back in time for claims denied through ERISA Appeals, essentially stopping the clock on late claims made back to March 2020.  

Topics: ERISA Appeals Loophole Time Related Denial Reimbursement