Revenue cycle success depends on seamless workflows between front- and back-office teams. Yet, too often, eligibility isn’t checked, documentation is incomplete, or coding errors go unnoticed.
The result? Nearly 30% of claims are lost or denied, and 65% of those denials are never reworked. That’s money left on the table.
By focusing on up-to-date patient demographics, clean data entry, accurate coding, and consistent claim reviews, practices can reduce denials and speed reimbursements. Partnering with an RCM expert can also help eliminate bottlenecks and free staff for patient care.
Read the full article to learn more shoring up revenue cycle workflow and other considerations that can affect your revenue cycle and the success of your practice.