The cost associated with reworking a claim is $15–nearly $11 of which is staff time. By reducing the amount of time it takes to rework a claim, you’ll reduce your cost and get your claims re-submitted faster.
One of the most time-consuming steps in reworking a claim is comprehending the payer’s complex rejection messages. With thousands of insurance companies, there are literally tens of thousands of different messages to decipher. Working through these rejection messages takes up valuable time and delays your reimbursement.
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