How to Prevent Claim Denials from Payers? - PowerPoint PPT Presentation

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How to Prevent Claim Denials from Payers?

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Is denial management a major issue for your practice? Contact 24/7 Medical Billing Services experts to reduce and manage the claim denials efficiently. – PowerPoint PPT presentation

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Title: How to Prevent Claim Denials from Payers?


1

How To Prevent Claim Denials From Payers?
https//www.247medicalbillingservices.com
1 888-502-0537
2
How To Prevent Claim Denials From Payers?
Do you know that the payers reject up to 10 of
all the claims submitted in healthcare practice?
However, approximately 90 of the claims that are
denied are preventable. The rules and regulations
for the claim submission can also vary based on
the payer and the patient conditions, and the
services offered. But even the most
meticulous medical billers experience claim
denials. Is denial management a significant
issue? Once you are aware of the most common
denial reasons, you can certainly avoid them and
reduce the number of claim denials.
https//www.247medicalbillingservices.com
1 888-502-0537
3
How To Prevent Claim Denials From Payers?
  •  
  • Here are the common ways by which you can prevent
    the claim denials
  • Always verify the eligibility and the insurance
  • Collect complete and accurate patient information
  • Always verify the authorizations and the
    referrals along with the medical documentation
  • Be updated about pandemic related billing changes
  • Timely submission of claims
  •  Ensure clean claims with the latest technology
  • You also have to ensure that your medical billing
    team employees are aware of what plans you accept
    and how to interpret the insurance policies. They
    must be updated about the policy and the
    regulation changes to be comfortable discussing
    any coverage issues with the existing patients.

https//www.247medicalbillingservices.com
1 888-502-0537
4
How To Prevent Claim Denials From Payers?
  • Conclusion
  • It is essential to know about the latest
    legislation updated by the state and federal
    authorities. One such latest update for
    the medical billing scenario in 2021 is the No
    Surprises Act. As per the 24/7 Medical Billing
    Services experts, there are certain things to be
    noted in this act that includes
  • All kinds of health emergencies are included in
    the in-network billing rates. This is to guard
    the patients against high bills in the crisis
    hours.
  • Any explanation of the billed charges requires
    proper documentation that the patients and the
    concerned parties understand.
  • The law encourages balanced medical billing even
    during emergencies.

https//www.247medicalbillingservices.com
1 888-502-0537
5
How To Prevent Claim Denials From Payers?
About 24/7 Medical Billing Services 24/7
Medical Billing Services is the nations leading
medical billing service provider catering
services to more than 43 specialties across the
entire 50 states. You can rely on us for
end-to-end revenue cycle management. We guarantee
up to 10-20 increase in the revenue with cost
reduction of your practice for up to
50.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel 1 -888-502-0537 Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537
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