BC Advantage - 2024 Issue 6

Outsourcing Medical Billing Can Minimize Claim Denials and Maximize Reimbursement

For any kind of practice, an efficient medical billing process is essential to ensure smooth submission and follow up on medical claims. When it comes to receiving timely payments, accurate billing and coding is key. Accuracy also ensures that patients are billed correctly and fairly. A growing number of practices now rely on medical billing outsourcing to ease the cumbersome billing process, avoiding claim denials and maximizing reimbursement.   Before getting into detail on how outsourcing can maximize reimbursement, let's consider the nature of reimbursements. Private insurers and government agencies such as Medicare and Medicaid are major factors. They...

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