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Exploring the Importance of Denial Management in Healthcare: Strategies for Reducing Claim Denial Rates
The denial of healthcare claims happens when insurance companies refuse payment for services. Various factors can lead to this situation, such as coding errors, incomplete documentation, patient eligibility issues, or not having prior authorization. In the United States, the average claim denial rate is about 12%, having increased by 30% since 2016. These trends highlight […]...
31 Oct 2024