Outsourcing Billing Services Reduces Manual Work and Effort to Check for Denial Errors
Added: (Thu Apr 11 2019)
Pressbox (Press Release) -
We improve healthcare reimbursement by offering suitable denial analysis and resolutions. To improve healthcare profitability, denial analysis is an important component that helps to analyze ambiguous data so denials can be minimized. For this, root cause is defined for each problem. Our staff at 24/7 Medical Billing Services follow up on your denials strictly and implement efficient denial analysis and resolutions to increase successful appeals.
Biggest challenges in denial management are dealt by us successfully:
Denial is a growing threat to healthcare businesses and 24/7 Medical Billing Services reduces denials by implementing simple management concepts.
We chart every code as per denial type and responsibility. We get the details using suitable ways that work as a roadmap to get perfect denial resolution. We consider end number of factors that are important to get clear, precise and actionable information that helps to report the denials routinely and display the account adjustments. We gather most up to date data and track the expected amount to be reimbursed. We give you the best denial analysis and resolution using compatible software and appropriate methods that fetch the dollars easily.
Our denial analysis & resolutions services offer following benefits:
Identify source and reason for each denial claim
Detect denial trends and patterns and identify root cause of costly denials
Include process reports to measure denied claims
Seamless integration of software and efficient workflow to prevent future recurrence of denial
Deal with denials within 72 hours of receipt
Reduced cost to collect
Enhance account collections and manage denials efficiently
Reduces manual work and effort to check for denial errors
Why choose 24/7 Medical Billing Services as your partner?
Our streamlined and simple approach makes denial management easier and improves the revenue cycle. We track denials diligently and execute claim rules and edit to stop the denial claims from accumulating. This leads to process improvement and revenue enhancement and provide timely statistics to management which will prevent denials in future. We will also monitor the payment patterns of payers actively which is also important to understand the cause of claim denials. We also analyze the effectiveness of denial resolutions and make sure the efficiency of denial management is fruitful in long term.
To Know More About@ http://bit.ly/2RXIhgu
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.
247 Medical Billing Services
Tel: +1 888-502-0537