Each new denial represents a painful financial drain on healthcare pratices and organizations. Even when claims are recovered, the administrative costs associated with that recovery represent a leak from patient revenue. And what makes denials even more frustrating is that many are avoidable, since the leading causes are well known, and it’s possible to prevent these leaks before they occur. The key is identifying and correcting errors and omissions before a problematic claim is ever submitted.
Check out the 5 Top Claim Denial Causes in Healthcare, ranked accordingly with our own experience.