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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.
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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 - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537