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At JadeB2B, our team will investigate each denied claim, perform a root cause analysis of denials, identify common trends that are causing denials and help you devise strategies and plans to avoid future denials. Our goal is to reduce denials to as low as five percent giving you a major revenue boost.
Every year healthcare providers lose a large proportion of revenue because a large proportion of rejected claims go unattended and are never resubmitted. JadeB2B”s Denial Management process uncovers and resolves the problem leading to denials and shorten the accounts receivables cycle. Our expert denial management team will establish a trend between individual payer codes and common denial reason codes. Identifying this trend will help the provider to reveal billing, registration, and medical coding process weaknesses that are then corrected to reduce future denials, thus ensuring first submission acceptance of claims.