Sixty-nine percent of industry leaders reported an increase in denials in 2021—a 13% increase, on average, from last year. It’s no surprise denials have increased with the problems you have to tackle such as a lack of RCM team resources, high rates of attrition, an increasing backlog, and use of substandard technology. In our upcoming webinar, we’ll discuss how to properly manage your denials through the following strategies:
- Capture the low hanging fruit of revenue leakage.
- Identify the root cause and eliminate costly back-end work.
- Improve your revenue cycle process to reduce the error rates.
By improving how your team handles denials, you can not only fix your current denials and get your practice the revenue it deserves, but also prevent them from happening in the first place. You can make 2022 one of your best revenue years, yet!