🇦🇺Australia

Delayed Claims from Eligibility Verification Delays

1 verified sources

Definition

Enterprise Patient Verification (EPV) takes up to 72 hours for batches of 1000 patients, retrying failed requests extends time-to-cash cycle.

Key Findings

  • Financial Impact: 20-40 days extra in Accounts Receivable; AUD 100-500 interest equivalent per delayed claim
  • Frequency: Per batch submission (up to 1000 patients)
  • Root Cause: Batch processing limits and retry requirements for rejected verifications

Why This Matters

Elderly care providers in Australia lose AUD 5,000+ yearly in delayed receivables. Real-time automation cuts verification to seconds.

Affected Stakeholders

Accounts receivable team, Hospitals and day surgeries

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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