Blog
Most patients will look at their medical bill, add their credit card to your practice's online portal, and never think about their bill until they see it on their bank statement. However, errors can slip past medical providers and insurance companies, and patients are the last people you want to second-guess your services and professionalism.
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According to the latest study, addiction affects nearly 30 million Americans yearly. It also affects the rest of the population, impacting family members, friends, and spouses, and costs the economy close to $249 billion for alcohol abuse and $139 billion for drug abuse.
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Hospitals, ambulatory surgery centers, behavioral treatment centers, and small medical practices are known for saving lives and providing healthcare. However, many of these services are owned by private companies and medical groups that also need to focus on successful business tactics, policies, and the state of their revenue cycle.
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Around 24% of medical claims are denied because insurance providers consider them not medically necessary, experimental, or investigational. This can overload healthcare practices and their staff as they simultaneously try to send out medical bills and appeal denied claims.
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Miles for Recovery:
September marks National Recovery Month, a time when the nation unites to support individuals on their journey to recovery from addiction and mental health challenges.
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