“Ignore the claim denials – we are too busy, just write them off.”

If you have ever said this or heard someone else in your physician medical practice say this, then you have a huge opportunity for increased cash at the bottom line.  Claim denials need to be entered into your practice management system and reported on regularly.  Based on those reports, a physician practice must create a denial prevention and denial management program with the following goals:

- Increase the percent of payment from an initial claim by decreasing the claim denial rate

- Reduce the cost of rework by doing it right the first time

-Increase payments from claim appeals by following through on denials within the denial appeal timely filing deadlines

Have questions? I’m here to help.

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About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >

Reed Tinsley, CPA