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Denial Management:
Denial Management deals with unpaid claims and is considered an essential aspect of revenue cycle management. It can swiftly pinpoint why the shares are being denied to prevent mistakes again. The rising issue of Patient Responsibility is causing more rise in Denial Management in Medical Billing. High deductible health plans for the patients who share responsibilities for payments cause more pressure. Value-Based Care denials influence the profitability of Revenue Cycle Management. The rework which is done to the denial claims and appeals hinders the revenue cycle improvement initiatives.
