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Revenue Cycle Leaders Share Practical Approaches to Striking the Right Balance with Payor Variances

In a recent PMMC webinar, Driving Better Outcomes in Denial Management and Underpayment Recovery, clients share key processes that influence financial performance and operational efficiency.

One of the session’s featured contributors was Premier Member Greg Wageman, Director of Managed Care and Decision Support for Marshall Health at Cabell-Huntington Hospital, where he brings deep experience in negotiating payor contracts, overseeing underpayment recovery, and delivering decision support through cost accounting and financial analysis.

Reflecting on denial management challenges, Greg noted:

“We’re seeing increased complexity in payor behavior, rising denial rates, and continual need for more staff and training — all at a time when teams are already stretched. Understanding the root causes and streamlining workflows is critical to managing denials effectively.”

The conversation focused on creating processes that reduce administrative burden while targeting improved financial outcomes, especially efforts to lower denial rates below the industry standard of 5%.

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Key Takeaways

• Building an efficient denial management process
Stay current with evolving insurance policies and address the root causes of denials. Leveraging technology can help automate routine tasks and support teams handling complex workflows.

• Aligning staffing and workflows
Thoughtful evaluation of roles, workflow distribution, and the balance between internal staff and external partners can influence throughput and consistency. Clear role definitions and streamlined handoffs help teams manage denials and underpayments more predictably.

• Strategies to reduce denial rates
Regular performance monitoring and cross-department alignment — particularly between clinical documentation, coding, billing, and managed care — support more accurate claims and stronger reimbursement results.

For Premier members exploring real-world perspectives on addressing one of the more persistent challenges in the revenue cycle, please watch this session on-demand.

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