Are you looking forward to avoid claim denials for your practice? Call the experts of 24/7 Medical Billing Services at +1 888-502-0537 .

1. How to Avoid Claim Denials in your
Practice?
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2. How to Avoid Claim Denials in your
Practice?
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Undoubtedly, the average denial rate was 11.1% in the third quarter of
2020 which was further increased to 23% with increasing burden of low
reimbursement
If you do not want to be part of this number, prevention is the key to
keep your medical billing and coding better to avoid the increasing claim
denials. Unless you prevent it from the beginning, it will seriously impact
your practice.
Obviously, payers would love to delay or reject the payment, and they
will do it when you give them an excuse. So, while you lose your
revenue, it will eventually hinder your productivity and time lost in claim
investigation and resubmission.
But don't worry because 90% of the denials are preventable with best
practices and one can work proactively to prevent such rejections. While
putting the proactive process into action can be challenging, simple
operational changes can help you save money and time.
Read more…

3. How to Avoid Claim Denials in your
Practice?
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Here are six proactive ways to avoid claim denial in your practice.
1. Educating and Communicating with the Staff
Similar to any other business, internal and external communication is the
key to success, including the healthcare industry. Every member must
be on the same page, from the front office team to the medical staff and
the back office. In addition, each of them must understand their role for
the practice to be successful.
2. Ensure Insurance Verification before Service
The need for early verification before the service cannot be overstated in
the healthcare system for your practice's financial success. It will prevent
claims not only from denials but also write-offs. Whether a patient is a
regular or a new one, always verify the insurance. Even a long-time
patient can undergo insurance change for switching jobs, sudden job
loss, retirement, the beginning of Medicare, switching between
insurances, and other factors affecting the coverage.

4. How to Avoid Claim Denials in your
Practice?
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3. Knowing Your Payers
Most providers are willing to accept over 20 insurance plans. However,
within similar plans, some variations change the allowable and the items
that can be reimbursed. Also, every provider has to enrol in the plan
before they reimburse.
4. Proper Documentation
The implementation of ICD-10 now requires you to be more specific with
the documentation. No longer are the shot hand notes in the
documentation accepted. More than ever, accurate and proper
documentation is a must for any service to ensure no claim denial, and
you get paid appropriately for the services rendered.

5. How to Avoid Claim Denials in your
Practice?
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5. Leveraging Technology
While it is essential to invest in Practice Management and/or Electronic
Health Records (EHR) system, it is futile to have it unless used across
the practice. This is because the technology and the software are
expensive, and learning them is time-consuming. However, if it is fully
integrated and every staff knows how to use it to its full advantage,
crucial information is never lost.
6. Learning from the Mistakes
One of the critical areas to ensure no repeat mistakes in claim denial is
learning from the mistake. There are times when a few steps are missed
while coding and filing for the claims in a rush. But with the healthcare
industry and its rapid changes in the regulations and policies, these
mistakes can be pretty detrimental to the practice. So, keep going
through the documents when claims are rejected and find the errors, so
they are not repeated.
The devil is in the details when it comes to medical billing and coding.

6. How to Avoid Claim Denials in your
Practice?
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How to Ensure Cost-Effective & Efficient Denial Management?
Training your staff regularly and updating the technology and software
can be time-consuming and costly. Moreover, with the ever-changing
rules and regulations in the healthcare system, keeping up-to-date can
be another roadblock. In all such scenarios, one of the best and most
effective ways to ensure the full proof revenue management cycle is
outsourcing medical billing services to an expert company like 24/7
Medical Billing Services.
This outsourcing partner have a dedicated team that handles the claims,
processes the denials, and follows up on them until it is paid. In fact, the
experts of this outsourced team ensure that your practice becomes
profitable and sustainable by identifying the root causes for denials,
boosting the revenue cycle team, and reducing the backlog while
following the industry's best practices.

7. How to Avoid Claim Denials in your
Practice?
HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
About Us:
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.

8. How to Avoid Claim Denials in your
Practice?
HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
Media Contact:
24/7 Medical Billing Services
Georgia
3001 Greenfield Drive, Marietta GA
Ohio
28405 Osborn Road, Cleveland, OH 4414030068
Texas
2028 E Ben White Blvd, #240-1030 Austin TX, 78741
Delaware
16192 Coastal Highway, Lewes, Delaware 19958, United States
Phone no / Fax : +1 888-502-0537
Email us: info@247medicalbillingservices.com