How To Avoid Denials In Your Medical Billing Services
                             How To Avoid Denia l s    In    Your Medical Billing 
Services?
https://www.247medicalbillingservices.com   |   +1 888-502-0537
  
  How To Avoid Denials In Your Medical Billing 
Services?
Medical billing denials are constant headaches hitting several 
healthcare providers’ operational efficiency, revenue, and cash flows.
Numbers clearly tell the story. Did you know that the industry 
benchmark for medical billing denial stands at 2% for hospitals?
In fact, the medical practices are experiencing medical billing denials 
at rates that range from 5 to 10%, with an average of 4% for the better 
performers. Some medical organizations even experienced the first 
billing denial rate as high as 15-20%! For such organizations, one in 
every five medical claims submission must be appealed or reworked. 
However, each 0072ework costs around $25 per claim, and usually, 
the success rates vary between 55 to 98% depending on the expertise 
and the capabilities of the denial management team.
https://www.247medicalbillingservices.com   |   +1 888-502-0537
  How To Avoid Denials In Your Medical Billing 
Services?
• Track Each Claim
• Pinpoint the “Why” in your Claim Denials
• Follow Up in Time
• Automate Eligibility Checking
• Revisit Your Medical Processes for EOBs & Remits
You can’t avoid a denial until you know its existence! If there are 
constant procedural delays, you miss out on the opportunities for 
timely claims re-submissions and a/r follow-ups. Instead, it is the 
right time to switch to electronic EOBs and streamlining the remit 
management system so that you can eliminate human errors, thereby 
saving precious time.
https://www.247medicalbillingservices.com   |   +1 888-502-0537
  How To Avoid Denials In Your Medical Billing 
Services?
Conclusion:
Avoiding any of the reasons for denials occurrence is key for 
ensuring optimal insurance denial management in medical billing. 
But it takes a lot of effort for a busy medical practice to keep up with 
these latest medical billing procedures. The best alternative is to 
follow the best denial management tactics or partner with an 
experienced 24/7 Medical Billing Services team. They can often 
ensure better insurance denial management with up-to-date 
collections. 
https://www.247medicalbillingservices.com   |   +1 888-502-0537
  How To Avoid Denials In Your Medical Billing 
Services?
About 24/7 Medical Billing Services:
24/7 Medical Billing Services is the nation’s leading medical billing 
service provider catering services to more than 43 specialties across 
the entire 50 states. You can rely on us for end-to-end revenue cycle 
management. We guarantee up to 10-20% increase in the revenue 
with cost reduction of your practice for up to 50%. 
Media Contact:
Hari Sudan, 
24/7 Medical Billing Services,
16192 Coastal Hwy, Lewes, DE – 19958
Tel: + 1 -888-502-0537
Email - [email protected]
https://www.247medicalbillingservices.com   |   +1 888-502-0537