The True Cost of Claim Rejections
When discussing improvements in revenue cycle management the focus usually turns to the topic of denial management. It is a well-accepted statistic in our industry that between 15-25% of claims have to be “touched” more than once before final adjudication. The goal for every practice should be a clean claims rate of 95% or higher. This is actually a very attainable goal with a little focus on prevention of the most common rejections that can also reduce denials further down the process.
You can read my entire article published as part of the Kareo Go Practice Blog series here.