Revenue Cycle Management Blog

The Transition from ICD-10 to ICD-11: A Fundamental Shift for U.S. Healthcare Practices

The Transition from ICD-10 to ICD-11: A Fundamental Shift for U.S. Healthcare Practices

The transition from ICD‑10 to ICD‑11 represents a significant change for U.S. healthcare practices. ICD-11 is already in effect globally, the U.S. has not yet set an official implementation date. Nonetheless, proactive preparation is vital for independent physicians and small group practices to ensure a smooth transition, maintain revenue flows, and avoid operational disruption. Learn what is changing, what to expect, and how to prepare for the transition.

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The Denial Dilemma: Why 1 in 5 Claims is Being Denied

The Denial Dilemma: Why 1 in 5 Claims is Being Denied

Denial of claims by insurance payers has become a widespread and escalating problem in the healthcare industry. These denials are not just administrative nuisances; they represent a significant threat to providers’ financial stability and a detriment to patient care. This article, the first in a five-part series, will examine the alarming statistics behind medical billing denials and their multifaceted impact on healthcare practices.

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RCM Top Metric: How to Calculate Your Denial Rate and Reduce Denied Claims

RCM Top Metric: How to Calculate Your Denial Rate and Reduce Denied Claims

When healthcare providers regularly calculate claim denials and interpret this metric, it gives them a clear path to increasing cash flow, optimizing performance, and reducing administrative waste. In this article, we’ll help you learn to calculate your medical claim denial rate, why it’s important, what industry benchmarks to strive for, and how to reduce your denial rates over time.

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