{"id":7455,"date":"2017-08-28T13:22:13","date_gmt":"2017-08-28T13:22:13","guid":{"rendered":"http:\/\/www.medicalbillersandcoders.com\/blog\/?p=7455"},"modified":"2026-05-11T11:16:20","modified_gmt":"2026-05-11T11:16:20","slug":"are-common-accounts-receivable-problems-plaguing-your-practice-collections","status":"publish","type":"post","link":"https:\/\/www.medicalbillersandcoders.com\/blog\/are-common-accounts-receivable-problems-plaguing-your-practice-collections\/","title":{"rendered":"Are Common Accounts Receivable Problems Plaguing your Practice Collections?"},"content":{"rendered":"

Are there predictable and constant errors with your medical practice accounts receivable administration services that are confining your facilities income? If yes, then there\u2019s no need to feel left out, as more than 40% active practitioners and their facilities in the United States are facing the same issues, which is directly plaguing their revenue collection.<\/p>\n

There are a couple of constant but common medical billing and coding errors that healthcare units suffer through, let\u2019s take a look at them, and the remedy to resolve those core problems.<\/p>\n

Denied Claims<\/h2>\n

A standout amongst the most well-known AR issues tormenting healthcare units is denied insurance claims. You’ve likely heard the expression, “If you have to ask, you can’t bear the cost of it.”<\/p>\n

That is the way the medicinal services community should deal with a claim denial. Benchmarking the data for various sources we found out that the average denial rate ranges from 10% to 25% of all claims submitted. However, according to the MGMA, the best-performing groups should have a denial rate of only 4%.<\/p>\n

Despite, AR and denied claims being an industry-wide problem, less than two-fifths of practices actually appeal denied claims. This presents a significant lost opportunity for recovering the revenue owed to your practice, hospital, ASC, and clinic, which can be resolved by making simple corrections.<\/p>\n

Keep in mind that your accounts receivable or medical billing staff should review all claims prior to submission to ensure they meet payer guidelines and follow up on all denials.<\/p>\n

Needless Write-Offs<\/h2>\n

If we talk about write-offs, one should understand that some are necessary, while many are not. These are regularly identified with the primary issue we already shared: denied claims.<\/p>\n

Rather than automatically writing-off denials, your billing team should set aside time to review each one. Even a single correction can lead to a profitable reimbursement that your facility needs.<\/p>\n

Here are a few points to follow when managing write-offs with precision:<\/strong><\/p>\n