Medical claim denials are a constant headache for healthcare providers in the complex and sometimes chaotic world of healthcare. These denials can result in substantial financial losses, with billions of dollars potentially at stake. Addressing this issue is a top… Read More
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Mental Health Billing Mistakes That Facilities Make
Working through an insurance claim is no walk in the park for a mental health practitioner, especially when your practice is small or independent. Compared to other types of medical billing, mental health billing has more complexities that make facilities… Read More
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How Medical Claim Denials Impact Your Industry
If you run a medical practice, you’ve undoubtedly come across claim denials at some point. While a denied claim doesn’t seem a big deal at first glance, one rejection can turn into many. As they accumulate, the loss in revenue… Read More
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Medical Billing Errors That Result in Claim Denials
Medical billing and coding can get quite complex, and because of how difficult the process can be, denials can sometimes pop up, but what causes those denials? The processes for billing and coding will depend on your insurer, patient, and… Read More
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Substance Abuse Billing Errors That Can Be Made
Insurance hasn’t always covered rehab and substance abuse treatments, but patients are benefiting greatly today since this is now not the case. However, just because treatments such as these are capable of being billed, they won’t necessarily get paid. If… Read More
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What Your Practice Should Be Doing For Successful Revenue Cycle Management
It’s a well-known fact that revenue cycle management is integral to the success of medical practices. Most practices are struggling to get better revenues as of now because of claims that are either delayed or rejected, making revenue cycle management… Read More
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Why 2020 is the Year to Outsource Medical Billing
Now that 2020 is here, it’s time to take a look at what systems your medical practice currently has. One of the most prevalent services that all clinics have is also a service that is usually outsourced, and that service… Read More
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Prevent Claim Denials Using These Preventive Methods
Trillions of dollars in claims get submitted, and several billion dollars get denied. It’s estimated that roughly $5 million in claims per hospital get denied. This results in a lot of lost revenue for your practice. To help you avoid… Read More
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How to Improve Your Denial Management Process In 2019
A medical practice should always be looking for continuous improvements in their denial management processes. It serves as a major part of a healthcare organization because medical claims are denied all the time for various reasons. Since we want your… Read More
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Tips for Improving Your Denial Management Process
Every day, thousands of medical claims are denied for a multitude of reasons. Medical organizations need to understand and appreciate that successfully managing their claims will benefit them in many regards. In addition to boosting your collections rate, it will… Read More