AnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management company
1-866-780-0669
9am - 8pm (EST)
New Jersey, USA

Denial Management

Do you know over 90% of Denials are preventable? Find the root
cause, fix the problems, and get paid. Preventing denials is our priority
WE GIVE THE BEST SERVICES

Reduce Denials through Analytics

Denial management is an essential component of maintaining a healthy cash flow and a successful revenue cycle management. Claim denials can occur as a result of various processes within the revenue cycle chain. Denied claims and lost revenue ought to be a major concern for healthcare organizations. Our claims denial management process provides an understanding of the claim’s issues also an opportunity to resolve the issues.

To thrive, a healthcare organization must address front-end process issues continuously to avoid future denials. Use AnnexMed’ s best practices and tried-and-true methodology to improve your revenue cycle management, including the denial management process. Learn why claims are denied and how to avoid future denials and get paid faster with our insights. AnnexMed follows a strict systematic approach with clearly defined best practices, and so, this maximizes the results and improves and streamlines collection processes.

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

17 +
Years of Experience
40 +
Specialties Served
value customers users viewer
99.1 %
Client Retention

Ready to talk?

Learn how we transform the revenue cycle with solutions that streamline the patient experience and improve financial performance.