When claims are not accepted by insurers they deny claims. The reasons for denied claims vary. From inaccurate information to submitting claims past submission deadlines, the reasons for claim denials vary.
Every healthcare organization experiences claim denials. It is frustrating, time consuming and expensive to work on denials. But you cannot afford to ignore them. Because denials can hurt your bottomline and increase operational costs! Healthcare experts state that a whopping 25-30% of claims are denied or rejected.