Avoid Revenue Losses with Denials Management Best Practices

Focusing on the denials management process helps providers to know how much they are losing out on revenue. Similarly, there are several reasons why the claim denials occur and harm the revenue cycle of medical practices. In addition, not managing denials properly may lead to compliance risks and reduce patient satisfaction. As a result, practices lose potential revenue and it makes the cash flow inconsistent. So, let’s see the major reasons behind the claim denials and what challenges practice face.