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BC Advantage - 2023 Issue 2

Clean Claims: A New Year's Resolution You Can Keep

Over half of hospital claim denials are due to coding errors¹-making medical coding quality and accuracy a must-have for health systems and practices looking to improve their revenue cycle management (RCM) operations and finances in 2023.Considering that coding errors can cost upwards of $20 billion per year in either delayed or permanently lost reimbursement,² clean claims are essential to the health of any medical organization's bottom line. While new year's resolutions are notoriously hard to keep, if your organization's resolutions include cleaning up your claims to avoid denials, high-quality and accurate medical coding can help...

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