6 Keys to Addressing Denials in Your Medical Practice’s Revenue Cycle

6 Keys to Addressing Denials in Your Medical Practice’s Revenue Cycle

The good news for practices is that most denials can be avoided if the above challenges are addressed. The bad news is that if claims are not addressed, the average cost to rework a claim is $25.20, which quickly adds up.

That’s why it’s important for front office staff to be trained to inquire about additional coverage. They should also confirm eligibility through the use of technology, prior to service, at the time of service, and before submitting a claim. Registration data should be examined for accuracy, completeness, and consistency, and any mistakes should be remedied as part of the normal workflow to avert downstream denials.

With medical coding, staff should focus on the accuracy of discharge status coding and admit/discharge rates and also confirm that the chargemaster is up to date and accurate.


Next Article

  • 6 Keys to Addressing Denials in Your Medical Practice’s Revenue Cycle

    3 Ways to Humanize the Virtual Health Care Experience

    Providers care deeply about their patients and delivering the best care possible to them. Patients want to be listened to, understood, and comforted. Active engagement for patients could be, for …

    Posted Mar 27, 2021

Did you find this useful?

Medigy Innovation Network

Connecting innovation decision makers to authoritative information, institutions, people and insights.

Medigy Logo

The latest News, Insights & Events

Medigy accurately delivers healthcare and technology information, news and insight from around the world.

The best products, services & solutions

Medigy surfaces the world's best crowdsourced health tech offerings with social interactions and peer reviews.


© 2024 Netspective Media LLC. All Rights Reserved.

Built on Apr 23, 2024 at 3:40am