According to the Healthcare Business Management Association (HBMA), 30% of claims get denied on the initial submission, and up to 65% of denials don’t get resubmitted. The process of resubmitting claims is costly, and the impact of not resubmitting these claims means you’re not getting paid for the services you provide.
In order to maintain a healthy cash flow for your practice it’s critical that you have efficient billing processes in place. In this webinar we’ll compare different billing models and the pros and cons of each to help you determine the right fit for your practice.
This webinar will cover:
– The financial impact of denied claims on your practice
– The pros and cons of using a Clearinghouse versus an RCM service
– The value of outsourcing your medical billing process
– Tips for selecting an RCM partner you can trust