One of the main catalysts for denied medical billing claims is incomplete or inaccurate documentation, and complex claims often demand more complex documentation. Consider molecular diagnostic testing claims. These claims are rejected at a higher rate than others, largely because of nuanced documentation requirements. Even when providers think their claims are accurate and complete, payors…
Industry estimates place the rate of claim denials for molecular diagnostic tests at approximately 20%. It’s a high figure — and a problem for practices billing for these tests. If one in five of your claims is subject to rejection, a significant portion of your practice’s reimbursement revenue can be held up in denials and…
What are the top three challenges of lab billing post-COVID? Lauren Francis, account manager at BrightDrive HCS, explains. Look to BrightDriveHCS.com for more on managing the financial health of your healthcare system.
How can your practice avoid common medical billing and coding mistakes? Erin Kulkarni, Account Manager Supervisor at BrightDrive HCS, explains. Look to BrightDriveHCS.com for more on managing the financial health of your healthcare system.
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