Denial Management 101: How to Recover Lost Revenue Fast

Claim Denials Hurt Revenue: 1 in 10 U.S. medical claims gets denied—many fixable with the right approach.
Common Denial Reasons: Errors like wrong patient info, incorrect codes, expired insurance, or duplicate claims are the top culprits.
Denials Are Expensive: Fixing a single denial costs ~$25; 86% are avoidable, yet 65% go uncorrected.
Recover Lost Revenue: Group denials by cause, spot patterns, act fast on soft denials, and train staff thoroughly.
Use Smart Tools: AI billing systems, claim scrubbers, and real-time eligibility checks reduce denial rates by 20–40%.
Focus on Prevention: Verify insurance, follow coding best practices, and monitor denial trends regularly to save big.
How Practolytics Helps: Real-time tracking, expert appeals, AI prevention, analytics, 24/7 support, and virtual denial chasers streamline your revenue recovery.

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Claim Denials Hurt Revenue: 1 in 10 U.S. medical claims gets denied—many fixable with the right approach.
Common Denial Reasons: Errors like wrong patient info, incorrect codes, expired insurance, or duplicate claims are the top culprits.
Denials Are Expensive: Fixing a single denial costs ~$25; 86% are avoidable, yet 65% go uncorrected.
Recover Lost Revenue: Group denials by cause, spot patterns, act fast on soft denials, and train staff thoroughly.
Use Smart Tools: AI billing systems, claim scrubbers, and real-time eligibility checks reduce denial rates by 20–40%.
Focus on Prevention: Verify insurance, follow coding best practices, and monitor denial trends regularly to save big.
How Practolytics Helps: Real-time tracking, expert appeals, AI prevention, analytics, 24/7 support, and virtual denial chasers streamline your revenue recovery.