Denial Management Processes for Healthy Claims - PowerPoint PPT Presentation

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Denial Management Processes for Healthy Claims

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Let’s follow the following best denial management processes to produce healthy claims. – PowerPoint PPT presentation

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Title: Denial Management Processes for Healthy Claims


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Denial Management Processes for Healthy Claims
www.ecareindia.com
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Introduction
  • Revenue Cycle Management (RCM) and Denial
    Management in healthcare go hand in hand. With
    better and efficient denial management, US
    medical billing companies can achieve greater
    profits. Almost all healthcare facilities and
    billing companies use EHR (Electronic Health
    Records), today.
  • It is time to update the RCM technology and
    software in order to support value-based care
    while decreasing possible revenue leaks.
  • To avoid such leaks, medical billing
    companies must stop claim denials from happening.
  • Lets follow the following best denial management
    processes to produce healthy claims.

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Implement EHR
  • As mentioned earlier, most medical billing
    companies and Providers have implemented EHR.
    However, there is still 31 of Providers who use
    manual claims.
  • Handling manual claims is not only time-consuming
    but also slows down the denial management
    processes.
  • Therefore, implementing EHR is essential for
    good denial management in healthcare.

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Analyze the Common Denial Patterns
  • Recognizing the common reasons for claim denials
    will help medical billing companies to stop them
    from occurring. Some major claim denial reasons
    include
  • Erroneous patient demographics
  • Incorrect charge entry
  • Inaccurate pre-authorization
  • Errors in documentation and credentialing
  • Bundled or non-covered services
  • Duplicate data

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Implement the Denial Management Action Plan
  • Once the denial patterns are identified, medical
    billing companies should work on managing them.
    They should also implement an action plan to tend
    to denied claims. The steps involved in this plan
    include,
  • Directly Route Denials 
  • Through this step, coding-related denied claims
    are directly routed to coders while a claim
    denied by reaching patient benefit max is sent to
    the guarantor responsibility.

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  • Prioritize 
  • This allows, staff, to sort and work on the
    denials considering various factors such as time,
    dollar amount, and reason. The top priority
    claims are given first preference and reminders
    can be set to avoid last-minute delays.
  • Standard Workflow 
  • Creating a standard workflow is very important
    for better denial management in medical billing.
    To avoid duplicates, staff must take corrective
    measures by following certain protocols
    (carefully structured and designed in the
    workflow.)

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  • Create a Checklist 
  • To avoid common mistakes, it is essential to
    create a checklist. It may include, avoid delay,
    build your case, avoid automatic re-billing,
    engage patients, request an expert and more
  • Online Tools 
  • with the help of these online tools, staff can
    create best-case arguments to appeal claims.
  • Sometimes carrying out denial management in
  • healthcare in-house could be quite intimidating.
    Therefore,
  • getting help from an offshore vendor would
    relieve stress.

www.ecareindia.com
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About e-care India
  • If you are on the lookout for an experienced
    offshore denial management company, then e-care
    India will be the best bet.
  • With more than 18 years of providing
    exceptional denial management services in medical
    billing, this offshore vendor will increase your
    revenue.
  • ISO certified and HIPAA compliant, e-care
    provides topnotch security to its clients..

www.ecareindia.com
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Contact US
  • To know more about e-care and its services,
  • Call us 1 813-666-0028
  • Mail us info_at_ecareindia.com
  • Visit us www.ecareindia.com

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