The biggest mistake people make to manage denials is to correct individual claims rather than looking for patterns and trends. It is because categorizing the types of denials coming in the door is perhaps the most labor-intensive part of denial management, but it also reaps the most rewards.
We decided to do some heavy lifting for you. We analyzed denials for over a thousand practices and prepared this report to highlight the top reasons for denials. We also included methods and tips on how to avoid them. Use this study to categorize denials and fix broken processes to maximize collections.
While you do that, here’s a piece of advice
Technology brings better results than manual processes to significantly lower your A/R days – no matter how good your manual processes are.
For more information on denial management, identifying and fixing underperforming operations or to learn more about our products and services please sign up for a demo today.