Dubai’s hospitals feel pain of ins. Delays
Monday, 06 17 2019, Category: Health, Country: United States
Hospital operators in Dubai are facing the same problems as the city’s residents do when seeking treatment — delays in getting insurers to process and approve their claims fast enough.
But in the case of the former, such delays are proving extremely injurious to the well-being of their business operations.
It has reached a stage that the processing of claims submitted by health care operators could take anywhere over six months and even stretch to as long as two years.
And these are not insignificant amounts either, thus impacting on the cash flow of the hospital or clinic.
“Health care sector operates on a heavy operating expenditure, which is why any delay in recovering dues from insurers can be critical to a business’s well-being,” said Jobilal Vavachan, CEO at Aster Pharmacy and Clinics, in a recent interview to Gulf News.
“Even worse is the increase in rejection of claims by insurers — from less than 10 per cent of all claims submitted in 2017, it has shot up to 14 per cent at the end of last year.”
Source: Gulf News