Navigating Payer Guidelines to Reduce Claim Denials and Enhance Reimbursement
Claim Denial management in the Healthcare industry is considered the most important discipline. As per statistics, Healthcare institutions have denial rates ranging from 5 to 10%. This substantial denial rate results in a substantial amount of revenue loss every year for all medical service providers. It has also been observed that the issue of claim denial generally arises from insufficient claim submission. It is also important to notice that nearly 65% of the denial claims are never resubmitted, which is quite concerning.
https://ensurembs.com/payer-guidelines-to-reduce-claim-denials/
Claim Denial management in the Healthcare industry is considered the most important discipline. As per statistics, Healthcare institutions have denial rates ranging from 5 to 10%. This substantial denial rate results in a substantial amount of revenue loss every year for all medical service providers. It has also been observed that the issue of claim denial generally arises from insufficient claim submission. It is also important to notice that nearly 65% of the denial claims are never resubmitted, which is quite concerning.
https://ensurembs.com/payer-guidelines-to-reduce-claim-denials/
Navigating Payer Guidelines to Reduce Claim Denials and Enhance Reimbursement
Claim Denial management in the Healthcare industry is considered the most important discipline. As per statistics, Healthcare institutions have denial rates ranging from 5 to 10%. This substantial denial rate results in a substantial amount of revenue loss every year for all medical service providers. It has also been observed that the issue of claim denial generally arises from insufficient claim submission. It is also important to notice that nearly 65% of the denial claims are never resubmitted, which is quite concerning.
https://ensurembs.com/payer-guidelines-to-reduce-claim-denials/
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