tci Medicare Compliance & Reimbursement - 2013 Issue 8

Practice Management: Intercept Big Time Losses With Effective Denial Management

Eliminate the cause of your denials by systematically addressing them. Your practice could be hemorrhaging cash from denials that you just haven’t had time to address.  Focus your denial management process by keeping a running list of your “Top 10” denial reasons. Use these seven expert tips to compile the information you need for your Top 10 list: 1. Update your list every month. Denial management is an ongoing process, so the top 10 denials one month may not be the same next month. 2. Focus on total and partial denials. Denials are not just claims...

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