Uploaded on Aug 11, 2021
To enhance your cash flow significantly, one of the best ways is to prevent claim denials. Providing the training to the staff, paying attention to every detail, and following up on a timely billing process can keep you from losing the claim payments that you deserve to receive. If you want to learn more about how outsourced medical claims billing can improve your cash flow, get in touch with 24/7 Medical Billing Services today.
Top 5 checklists to avoid Denials from Payers
Top 5 checklists to avoid Denials from Payers
https://www.247medicalbillingservices.com | +1 888-502-0537
Top 5 checklists to avoid Denials from Payers
Most experts are of the opinion that the minimum time it takes to receive
the payment from an insurance payer should be at least 30 days. That's
why even small medical practices in the US aim for an average of below
30 days in AR. However, the benchmark set by the healthcare industry
is around 50, and exceeding that number simply means that there are
higher chances of claim denials. To make your payment collection
efficient, you have to ensure that there are fewer claim denials.
https://www.247medicalbillingservices.com | +1 888-502-0537
Top 5 checklists to avoid Denials from Payers
Here are five top denial reasons that are easy to avoid and can enhance the
cash flow for your healthcare practice:
Timely Filing
Incorrect Patient Identifiers
No Benefits or Coverage
Duplicate Claim
Claim Lacks Information
https://www.247medicalbillingservices.com | +1 888-502-0537
Top 5 checklists to avoid Denials from Payers
Conclusion:
To enhance your cash flow significantly, one of the best ways is to
prevent claim denials. Providing the training to the staff, paying
attention to every detail, and following up on a timely billing
process can keep you from losing the claim payments that you
deserve to receive. If you want to learn more about how
outsourced medical claims billing can improve your cash flow,
get in touch with 24/7 Medical Billing Services today.
https://www.247medicalbillingservices.com | +1 888-502-0537
Top 5 checklists to avoid Denials from Payers
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
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