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Workers’ Comp Unwrapped 102 - The High Cost of Overlooking Verification: How Small Data Errors Lead to Big Revenue Losses
Manage episode 447819325 series 3610420
Innehåll tillhandahållet av Medical Lien Management. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Medical Lien Management eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
In this episode, we dive into the often-overlooked process of patient data verification before billing submission and why it’s a game-changer for healthcare practices. Billing without verifying insurance and patient details can lead to costly denials, lost revenue, and prolonged disputes with insurers. We discuss real-world examples of practices struggling with rejected claims due to minor inaccuracies and how automated verification systems, clear workflows, and improved patient communication can streamline operations, reduce errors, and ultimately safeguard a practice’s bottom line. Join us to learn key steps for ensuring billing success by getting data right the first time.
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