account receivable management Archives

Read our latest medical billing and RCM related blogs

Tackling the Challenges of Claims Denials: Insights for Healthcare Providers

Challenges of Claims Denials Claims denials are a major challenge for healthcare providers in the United States. According to the Medical Group Management Association (MGMA), the average claim denial rate in 2023 is 7.5%. This means that for every $100 in claims submitted, healthcare providers are losing an average of $7.50 to denials. But why […]

Avoid Malpractice Risk by Correct Documentation

According to the recent research report, approximately 5 percent of family physicians and 7 percent of all physicians are sued for malpractice in the United States each year. The incidence of lawsuits is much greater in some surgical subspecialties, with annual rates approaching 20 percent among neurosurgeons and cardiothoracic surgeons. For low-risk specialties including family […]