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Many radiology practices prefer to outsource billing tasks to a third party because it gives them the freedom to focus on patient care. By letting a reputed medical billing company handle their revenue related worries, they manage claims denials proactively and get paid on time.
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How To Keep Radiology Claims Denials At Bay? https://www.247medicalbillingservices.com | +1 888-502-0537
How To Keep Radiology Claims Denials At Bay? In order to run a successful radiology practice, it is important to ensure that claims for services are submitted on time. This will not only enhance the cash flow of the practice but also keep the overall billing expenses at a minimum. Common Reasons why Radiology Claims are Denied The need for timely and error-free claims submission is evident but at times, claims get denied by payers due to various reasons, such as, patient eligibility issues, failure in obtaining authorization for a radiology procedure or insufficient documentation about the medical necessity of an examination. https://www.247medicalbillingservices.com | +1 888-502-0537
How To Keep Radiology Claims Denials At Bay? • Keeping Radiology Claims Denials at Bay • There are several factors that a radiology practice needs to consider in order to reduce denials in the first place. For instance, practices need to identify the source of denials and ensure that there are no data entry errors at the time of registration. • The practice should review its medical coding process because coding error can also result in delayed or denied payments. A good authorization management system should be implemented and authorization denials should be regularly monitored and tracked to identify the source of problem. It is necessary to take a proactive approach towards medical necessity and CDI (Clinical Documentation Improvement) as well. https://www.247medicalbillingservices.com | +1 888-502-0537
How To Keep Radiology Claims Denials At Bay? Conclusion: • When it comes to patient eligibility, it is necessary that the radiology practice is mentioning the correct site of service or the correct information about the insurance company (or plan) in the claim. If the information doesn’t correspond with the payer’s records, claim will be denied and sent back to the practice for correction. • Many radiology practices prefer to outsource billing tasks to a third party because it gives them the freedom to focus on patient care. By letting a reputed medical billing company handle their revenue related worries, they manage claims denials proactively and get paid on time. https://www.247medicalbillingservices.com | +1 888-502-0537
How To Keep Radiology Claims Denials At Bay? 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 - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537