How can you increase the payment in Denials

Question

Accepted Answer

To increase payment in denials, implement effective denial management strategies and improve the claims submission process.

Analyze denial trends to identify common reasons for denials
Implement proactive measures to prevent denials, such as accurate coding and thorough documentation
Develop a robust denial management system to track and resolve denials efficiently
Train staff on denial prevention and resolution techniques
Establish strong communication channels with payers to address denials promptly
Review and improve the claims submission process to minimize errors and rejections
Negotiate with payers to resolve denials and increase reimbursement rates
Implement technology solutions like automated claims scrubbing to reduce denials
Monitor key performance indicators related to denials and take corrective actions
Regularly update policies and procedures to adapt to changing payer requirements

Top GeBBS Healthcare Solutions Accounts Receivable Manager interview questions & answers