Introduction

Denial management in medical billing is about resolving issues between healthcare and insurance providers. It ensures that healthcare providers receive timely reimbursement against the provided care facility. This is crucial because when payments are denied, it leads to problems like mismanagement at the administrative level and resource wastage. This article focuses explicitly on all good denial management practices that help optimize revenue. To make the denial management process smoother, there are strategies that healthcare providers can follow. All these strategies will be discussed in this article.

Denial Management in Healthcare

Denial management in healthcare is a practice of fixing and preventing problems with insurance payments after providing the healthcare facility. Denial management is all about making sure that doctors and hospitals get paid correctly and timely. Denial management is a matter of great concern because it causes problems like late payments, time wastage, wastage of resources, and uncollectable revenue. As per statistic, these problems have increased by 20% in the past five year in the whole industry. Read More...