Submission of incomplete or inaccurate claims results in claim denials, delayed payments, and additional work for staff. Here's how you can minimize claim denials and ensure timely payments for your practice.
Mastering the language of medical coding and billing is one of the greatest challenges facing medical practices today. Submission of incomplete or inaccurate claims results in claim denials, delayed payments, and additional work for staff. While optimizing the clean claim ratio takes time, effort, and quality control, it is a critical step toward improving revenue cycle management.
Here are 12 strategies to minimize claim denials and ensure timely payments for your practice.
Health care’s 2025 revenue cycle imperative: Reduce administrative waste
January 22nd 2025Given that so much of the high costs associated with running a healthcare business remains outside of the organization’s control, financial leaders will have to consider how they can impact the one area that is in their control in 2025: reducing administrative waste.