Denied claims can significantly impact a practice's revenue. To manage denied claims, follow these steps:
Identify the Reason: Understand why the claim was denied. Common reasons include incorrect coding, missing information, or services not covered by the patient's insurance. Correct the Issue: Make the necessary corrections to the claim, whether it involves updating codes or providing additional documentation. Resubmit the Claim: Submit the corrected claim promptly. Appeal if Necessary: If the claim is denied again, consider filing an appeal with the insurance company.
