| Title | Claims Denial Management Services | Minimize Denials |
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| URL | https://www.bristolhcs.com/denials.php |
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| Category | Business --> Healthcare |
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| Meta Keywords | denial management services, claim rejection management, prior authorization, medical billing services, accounts receivables management |
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| Meta Description | We are a revenue cycle management company, providing full-scale revenue cycle management services for independent practices and billing offices nationwide. |
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| Owner | Micheal Connor |
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| Description |
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| Denial Management is one of the most important processes that can make or break the smooth functioning of a practice’s revenue cycle. There are two financial aspects to a denied claim - first is the “lost” revenue due to the improper prior authorization or the lack thereof and the second is the cost associated with reworking a denied claim, which entails a lengthy appeals process. Recent studies indicate that physicians spend anywhere from $30 to $100 or upward to rework a claim - costing the practice $14,400 (lowest estimate) annually based on 40 denied claims per month, not including the preliminary cost of submitting a claim. |
