Medical Billers and Coders (MBC)’s Post

2024 Focus area update: Inpatient denials from Managed Medicare payors have been a popular topic due to recent regulation updates. However, our initial claim data through January 2024 shows that the inpatient denial rate for Managed Medicare remains consistent with 2023 performance, at 3.7%. At Kodiak Data, we'll continue to closely monitor this metric throughout 2024. #kodiakdata #revenuecycle #denials

Join Jane Snecinski, President, Post Acute Advisors, to review the trends in reasons for denials and to discuss what you can do today to prevent them from happening. You’ll go over: —The top 10 reasons for IRF denials and how to determine if these issues exist at your organization —The operational issues that impact the potential positive outcome of a medical record review —An auditor’s interpretation of your medical record from verbiage from actual denials Register now: https://ow.ly/tb4f50Qu1fr #irf #inpatientrehab #irfdenials

Denial Improvement: Great news! Initial denials related to inpatient authorizations for Medicare Managed Care continue to show improvement, with a 35% reduction in the first two months of Q4. This could be a sign of relief for those struggling with clinical appeals. Our team at Kodiak Data will keep monitoring this performance monthly, especially with new rules starting on 1/1/24. Stay tuned for more updates! #KodiakData #revenuecycle #Denials

Through actionable insights and strategic value you won't find anywhere else, Evidation delivers all the pieces of the puzzle to provide a more holistic view of a patient's lived experience. Get in touch with us today to learn more: https://hubs.ly/Q02LFRrC0 #patientexperience #healthinsights #realworlddata #realworldevidence #Evidation

Struggling with COB denials? Learn how a proactive approach and the right patient engagement can lead to coordination of benefits success in this interview with Matthew Fisher of Piedmont. Lots of practical tips! #healthcare #revenuecycle #revenuecyclemanagement #denials

There aren't any major updates to CPT codes specifically announced for 2024 in behavioral health. However, the American Medical Association (AMA) releases updates to the CPT codebook annually in July. These updates may include new codes or revisions to existing ones. Contact Medisys today to know more: bit.ly/3XoX0hp #medisysdata #MentalHealthBillingCompanies #BehavioralHealth #BehavioralHealthBilling #BehavioralHealthBillingServices #TopMentalHealthBillingCompany #MostPreferredMentalHealthBillingCompany #BestMentalHealthBillingCompany #claimtips #BillingTips #billingexperts #claim #Claims #codingexperts #denials #healthcare #LeadingMedicalBillingCompany #LeadingMedicalBillingServicesCompany #medicaid #medicalbilling #MedicalBillingServices #medicalcoding #outsourcing #Reimbursement #MostPreferredMedicalBillingCompany #Revenue #TopMedicalBillingServicesCompany #medicare

Find out how Val Verde Regional Medical Center benefited from the Denials Management Monitoring tool from FORVIS to improve claims denials. Watch the video here!

Are you tired of constantly reacting to Medicare Advantage plan issues? Learn how to shift to a proactive approach with expert Day Egusquiza, President of AR Systems Inc. Join us for: "Denials, Denials, Denials – Strategies for Addressing Medicare Advantage Denials, Downgrades, and Disputes" 🗓️ November 7th at 1 PM ET In this webinar, you'll discover: 1️⃣ The root causes behind the "3 D's": Denials, Downgrades, and Disputes 2️⃣ How to leverage regulations to confidently challenge unjust claims 3️⃣ Strategies for efficient navigation of complex Medicare Advantage issues 4️⃣ Techniques for building Contract Operational Addendums to prevent future denials Register now to secure your spot! 👉https://hubs.ly/Q02TFJX-0 #MedicareAdvantage #HealthcareCompliance #GRC #Healthcare #RevenueCycle