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Wondering What is Causing Denials at your Practice?

Denial is a growing threat to healthcare businesses and 24/7 Medical Billing Services reduces denials by implementing simple management concepts. There is no denying that claim denials can prove to be a major headache for medical practices. Denials not only have a negative impact on the cash flow but also affect practice efficiency.

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Wondering What is Causing Denials at your Practice?

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  1. Denial is a growing threat to healthcare businesses and 24/7 Medical Billing Services reduces denials by implementing simple management concepts. There is no denying that claim denials can prove to be a major headache for medical practices. Denials not only have a negative impact on the cash flow but also affect practice efficiency. Wondering What is Causing Denials at your Practice? http://www.247medicalbillingservices.com

  2. Here are 7 common causes that you should be aware of: Administrative mishaps are one of the most common reasons why denials happen. Then inaccuracies in coding. If the coders aren’t trained to use ICD-10 codes, then denials can’t be avoided. Another common reason for denial is missing or incorrect patient information. If the documentation isn’t supporting the medical necessity, the payer will be unsure of the procedure and deny the claim. Wondering What is Causing Denials at your Practice? http://www.247medicalbillingservices.com

  3. Here are 7 common causes that you should be aware of: Timely claim submission is equally important if you want to avoid denials. Even if there are no errors in the claim but it is submitted late, it will result in denials. It is necessary to ensure that the patient’s coverage hasn’t been terminated. Verification of insurance benefits needs to be done prior to services being rendered to the patients. If there is no co-ordination of benefits, then it will be a problem. Your staff needs to be aware of the guidelines for billing each health insurance plan. Wondering What is Causing Denials at your Practice? http://www.247medicalbillingservices.com

  4. About 247 Medical Billing Services:We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact: 247 Medical Billing ServicesTel: +1 888-502-0537Email: info@247medicalbillingservices.com Wondering What is Causing Denials at your Practice? http://www.247medicalbillingservices.com

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