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Health systems consider dropping Medicare Advantage plans due to financial losses

Posted On: Mar. 26, 2024 9:36 AM CST

According to a recent survey, 16% of health systems plan to stop accepting one or more Medicare Advantage plans within the next two years due to "onerous" authorization requirements and high denial rates, Becker’s Hospital review Reports. Another 45% are considering the same, but have not finalized their decision, according to the survey by the Healthcare Financial Management Association and Eliciting Insights.