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Understanding the Hidden Costs of Claims Denials: Administrative Expenses and Their Implications for Healthcare Providers
In the world of healthcare administration, claims denials present a major challenge for providers across the United States. Last year, around $262 billion in medical claims were denied, which is about nine percent of the total $3 trillion claims submitted by hospitals. For many healthcare practices, especially smaller ones, these denials can have significant financial […]...
23 Oct 2024