Claim denials increase costs and decrease revenue. Managing
them is crucial to achieving revenue cycle management success. Without an
effective system to capitalize on the data and address the root causes of
denials, revenue flow is interrupted. Problems will persist and revenue will
continue to leak, jeopardizing the financial health of the practice, until corrective
action is taken to prevent claims rejections and denials.
Don't let claims issues drain your practice. Resolve them at
the source. Strengthen your practice's financial health by addressing claims
inefficiencies head-on.
Learn how to identify erroneous billing procedures that
result in denials and rejections, how to
troubleshoot denials, and work within claim guidelines. Review common reasons
insurance companies deny, delay, or partially pay a claim. Adopt a proven
10-step approach and solve the denial management problems in your practice. Analyze
and investigate unpaid claims and effectively communicate with payers to gain
results. Don’t delay! Protect your profits by proactively resolving claims
roadblocks.
Learning objectives
- Reducedenials by mastering fundamental claims
guidelines and identifying red flags
- Streamlineyour appeals process through effective
vetting and claim correction
- Optimizereimbursement by understanding NCCI edits,
medical necessity, and prompt pay laws
- Protectyour practice with compliant billing policies
that eliminate frequent mistakes
Enhance your understanding of the types of denials,
remittance codes, bundling and CCI edits. Know how to create a tracking system
to help minimize problems, avoid lost revenue, and reduce audit risk. Find out
how to monitor payer policies, resolve denials, and implement efficient methods
for monitoring claims and finding resolution. Master preventing billing
problems before claims go out the door. Implement processes that will help you to
ensure your claims denial rate stays under control.
Stop revenue leaks by fixing claims issues
before they hit your bottom line. Protect your profits by proactively resolving
claims roadblocks.