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 […]
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 […]
