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Strategies for Healthcare Providers to Reduce Denial Rates: Improving Registration Accuracy and Streamlining Claim Processes
In the changing environment of U.S. healthcare, the efficiency of revenue cycle management (RCM) is vital. Hospital administrators, practice owners, and IT managers must optimize financial operations while ensuring quality patient care. Claim denials represent a major challenge in RCM, with rates reaching concerning levels. Currently, about 11.1% of insurance claims are denied initially, reflecting […]...
25 Oct 2024