
CUT0068-4S 2012-2025 free printable template
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Hello I'm Paul Delta founder of merits capital today we're talking about claim denials and exactly how does this relate to your medical accounts receivable factor well claim denials as many may know are the bane of killers throughout the United States in fact it's really an amazing statistic as much as twenty-five percent of all claims submitted in the United States are rejected the first time through and up to fifty percent of those are never successfully rebuild this is an amazing statistic in fact if you really analyze these numbers the denials can be the primary reason that a provider is not making any money so how do you really limit claim denials well we suggest that our providers and prospects use a pre-screening service you know there are literally tens of thousands of reasons why a claim will be denied no one person can really remember all the reasons, so we suggest using software tools that will make sure that before a claim is submitted to the insurance company that it will try to catch any potential reasons why it would be rejected in this way it enables the provider to fix it before it's submitted thereby really increasing the first run rate and really be able to make sure that most of the initial claims are paid we hope that this has been informational to you please if you have any further questions feel free to email us we'd be happy to make it a subject of a video until then we hope that you have great success
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