Best Medical Billing Solution LLC

  • info@bestmbsolution.com
  • +8 12 3456897

Efficient Denial Management Services

Leverage our premium denial management services to reduce claim denials and significantly increase your revenue.

Denial Management Services

Denials can severely affect your practice’s cash flow. Efficient denial management increases cash flow and enhances the overall billing process. BestMBSolution provides effective denial management services to swiftly address and prevent most denials, leading to significant revenue recovery for your practice.

Minimize Denied Claims and Maximize Timely Reimbursements

Denial rates can vary greatly depending on the physician’s specialty. A 15 percent denial rate can significantly reduce practice profitability, making it crucial to analyze and address denial rates by specialty. At BestMBSolution, our claims management experts identify the root causes of denials to prevent recurrence. We promptly resubmit denied claims for processing, analysis, correction, and updating. Our priority is to optimize your revenue cycle, reduce denial rates, and improve your practice’s profitability.

Our Unique Denial Management Steps

Identifying Denial Reasons
Categorizing Denials
Appending Modifiers
Monitoring Future Claims
img

Why do denials occur in the first place?

  • Incomplete Or Inaccurate Insurance Information
  • Incorrect CPT Codes Or Modifiers
  • Provider Credentialing Errors Or Lack Of Enrollment
  • Misspelled Patient Names That Do Not Match The Insurance Card
img

To help you overcome denials and increase your cash flow, we follow a systematic approach that includes:

  • Conducting A Comprehensive Analysis Of Your Claims To Determine The Volume Of Denials.
  • Promptly Following Up On Denied Claims, Calling The Insurance Company, And Finding Out The Reason For The Denial.
  • Evaluating Denials Based On Age, Claim Expiration, And Failure To Meet Deadlines.
  • Identifying Denials Based On Payers, Providers, CPT Codes, And General Non-Compliance With ICD-10 Standards.

Schedule Your Free Consultation Today