BC Advantage - 2021 Issue 7

Clean Claims: Part VI of the Back to Basics Series

Back to Basics is a series presented by your PAHCOM National Advisory Board.Charles R. Swindoll, American author and radio personality, famously said, "The difference between something good and something great is attention to detail." When we think of revenue cycles, he is absolutely correct! According to the American Institute of Compliance, most medical practices have gross collection percentages between 75% - 85% on average. But with some reorganization and increased scrutiny, we can turn that good enough percentage into something great. Working with your billing team to develop an appeals and denials policy can recoup missing money...

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