How to Improve Denial Management in Medical Billing & Healthcare

Did you know that many healthcare organizations lose a substantial chunk of revenue due to payment denials? Claim denials are an undeniable fact of the healthcare industry, but organizations must have effective denial management in place to keep the denial rate low. Well-performing practices typically experience denial rates under 5% while other practices face denied claim rates ranging from 10 to even 30%. The numbers add up, amounting to significant lost revenue.

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