How to Reduce Claim Denials?
How to Reduce Claim Denials? Most physician practices have an average denial rate of 5-10%, costing $100/claim, with an average of $25 or more for each reworked claim. With the fact that 90% of denials are avoidable, taking the following steps to reduce the denials: Educate & Communicate. Insurance Verification Before Service Understanding Insurances Document […]
Medical billing Services for Small Practices Revenue
Medical billing Services for Small Practices Revenue Medical billing is a process of submitting the medical records of patients to insurance companies for reimbursement. The billing service is a task that is typically outsourced to professionals. Medical billing services for small practices are becoming more common because many practices do not have the time or […]
Benefits of Using a Medical Billing Company
Benefits of Using a Medical Billing Company About 25% of medical income is never collected due to wrong coding, underbilling, or claims that are never reimbursed. Our billing services help medical practices increase revenue while proactively reducing denials and administrative costs. The majority of money lost in medical practices is due to a lack of […]
