Accurate and efficient medical billing is vital for optimizing revenue, reducing claim denials, and ensuring the financial viability of healthcare providers.
Medical Billing
Decoding the Top 5 Root Causes for Rising Denials in Medical Billing
Medical billing denial is the biggest stumbling stone in the healthcare revenue cycle. As per Etactics, “In 2021, there were 48.3 million denied claims, accounting for 16.6% of all claims submitted that year.” There can be multiple reasons behind rising claim denials in a practice.