Revenue Cycle

8 Steps to Effective Denial Management in Healthcare

8 Steps to Effective Denial Management in Healthcare

Denial management is a crucial process for healthcare providers to ensure that they get accurately reimbursed for their claims and maximize their revenue. Ineffective denial management can lead to denied claims, delayed payments, and a loss of revenue.

Medical coding, a promising entry-level job for graduates

Medical Coding involves assigning standardized numeric and alphanumeric codes to represent the diagnosis, procedures, and supplies documented by the healthcare providers in a patient’s medical record. This is done by certified coding specialists. How a medical procedure is coded, determines the financial reimbursement for that particular procedure.