Name: Denial Managemnet
Brand: AnnexMed
SKU: Numbers
Rating: 5 (12 reviews)

Patient Access Services

Coding Services

Dental RCM Services

Reduce your Denial rates

Effective Denial Management and Prevention Services

Denial management services serve as an indispensable pillar in upholding the financial vitality of healthcare organizations. Across the intricate landscape of the revenue cycle management process, claim denials emerge from multifaceted processes, presenting a critical hurdle to cash flow and overall revenue health. Managing and rectifying denied claims stand as imperative concerns for healthcare entities, aiming to mitigate revenue losses. Our specialized denial management services offer a comprehensive approach, delving deep into the complexities of claim issues. This process not only identifies but also presents an invaluable opportunity for resolution, enabling healthcare organizations to recover lost revenue efficiently.

For sustained operational success, it’s paramount for healthcare organizations to proactively address front-end process intricacies, thus averting potential denials in the future. AnnexMed, renowned for its robust methodologies and industry-best practices, extends a tailored approach to bolster revenue cycle management, emphasizing our expertise in denial management services. Explore the underlying causes behind every claim denial and fortify your organization’s financial health by leveraging AnnexMed’s wealth of experience in crafting effective denial management strategies. Let us guide you toward a more resilient revenue cycle through proactive denial management services tailored to meet your organization’s unique needs.

Denial Management capabilities include:

Validate
Eligibility

Retro
Authorization

Provider
Credentialling

Aggressive
A/R Follow-up

Service Highlights

Denied claims examined for reasons with POA
Resubmission of corrected claims
File appeals with/without documentation
RCA done to trend denials by payer, etc
Front-end claim corrections to reduce denials
Prevent future denials with our best practices

Benefits

25% reduction in AR days/ 8% higher collections
Drive denial rates below 4% industry practices
24- 48 hrs. quick turnaround time
Measure success via denial trending/ AR reports
Fixing and preventing claim denials is our priority
Dashboard reporting – Denial analytics

Achieve Measurable, Proven Results

Costs Reduced

upto

45%

Reduced operational costs

DNFB Reduced

upto

32%

Reduction in DNFB accounts

Improve Productivity

upto

72%

Productivity improvement

Reduction in AR

upto

36%

Reduction in aged A/R

Improved Collections

upto

98%

Achieve net collections

Reduce Denials

upto

72%

Decrease in denial rate

Frequently Asked Questions

What are Denial Management Services?

Denial management services focus on identifying and resolving issues causing claim denials, ensuring efficient recovery of lost revenue for healthcare organizations

What Sets AnnexMed's Denial Management Services Apart?

AnnexMed's denial management services offer targeted solutions, leveraging industry expertise to smartly manage denials and safeguard revenue for healthcare providers.

What Strategies Do Denial Management Services Employ?

Our Denial management services follow root cause analysis with details clear info, and resolution tactics to address and prevent claim denials, safeguarding revenue

Can AnnexMed's Denial Management Services Prevent Future Revenue Loss?

Yes, AnnexMed's Denial Management Services effectively anticipate and address potential claim denials, protecting future revenue streams through strategic analysis and continuous improvement.