Blogs

A significant portion of the income for your practice comes from medical billing and coding denials. Refusals of claims might result in severe financial loss. Denied claims can cost you money if they are not swiftly handled since they prolong the revenue cycle and interrupt cash flow. The burden is further increased by the expense... Continue Reading

As per the Healthcare Company National Association, the best-performing medical practises have an insurance premium denial rate of only 4%. Given the often-complex maze that is required to get health claims paid by following payers, it is remarkable that these practises maintain such a low denial rate. But it is necessary to do so. What... Continue Reading

What Is Revenue Cycle Management? Revenue cycle management or – RCM – is a proactive method used by the global healthcare systems, especially in the United States, to monitor and keep a record of the revenue from patients. It includes the complete revenue history – from the patient’s initial encounter with the hospital to their... Continue Reading

There is a stigma revolving around the medical billing processes that the claim process is complicated, does not get paid on time, will be denied multiple times, and whatnot. It does not have to be complex for the patients and the healthcare facilities. In fact, it has to be the last thing for the patients... Continue Reading

Your insurance claim was denied!!! – It is something you do not want to hear. A denied claim means it is reversed to the pavilion to appeal once again, and, long waiting hours and more costs ensue it. Claim Denials Management is often confused with Rejected Claims. Let us understand what claim denials are before... Continue Reading