Ms. Petrie shared five strategies for denial tracking and management:
1. Get everybody to track denials and the reasons for them.
2. Look for trends among different payers.
3. Create an action plan to fix any problems causing denials.
4. Understand which payers and procedures require preauthorization.
5. Use multiple transaction codes to explain denials.
More articles on coding, billing and collections:
Florida hospital, UnitedHealthcare split affects 17,500 patients’ coverage
Aetna forms ACO with Bridges Health Partners — 3 key points
Physician-led Bundled Payment Programs: Key thoughts to get there by 2020
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