Your revenue cycle’s worst nightmare: Optimizing denials management, recover revenue

Physicians Practice December 11, 2023
Andrew Harding

Recover revenue by utilizing proactive measures and technological solutions to navigate this difficult terrain.

In the complex landscape of healthcare revenue cycle management (RCM), the challenge of managing denied claims looms large. Insufficient resources, staffing, and limited bandwidth often contribute to complications in addressing denied claims, with an alarming 82% to 90% of denials deemed potentially avoidable. RCM teams can save time and recover revenue by utilizing proactive measures and technological solutions to navigate this difficult terrain.

Lack of proper resources and staffing contribute to complications in denials management

With a staggering rate of denials deemed potentially avoidable, it raises the question of why so many are slipping through the cracks. Insufficient resources stand out as one significant challenge. Managing...

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