Westchester, Ill.-based Regent Revenue Cycle Management outlined five ways ASCs can reduce claim denials.
Five strategies:
1. Don't wait. Address denied claims within a week of receiving notice.
2. Take time to investigate. Contact the payer and determine why the claim was denied, as well as how it can be fixed.
3. Track past claims. ASCs can improve their processes by analyzing reasons for past denials.
4. Note patterns. Errors such as misspelled names and missing information are common.
5. Take steps to prevent denials. Avoiding denied claims altogether can help ASCs reduce time spent in accounts receivable.