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Where Practices Lose Money

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If there's any process that seems designed to confuse and infuriate physicians and practice managers, it's the medical claims process.

The process is fraught with opportunities to lose money: Denials. Confusing explanation codes. Changing payer policies.

But this handy chart should help you get started on plugging the leaks in your own claims process. It's a simple, easy way of understanding where those leaks are likely to be so you can take action to fix them.

Every practice's billing manager should have this chart printed out and pinned up near their desk.

It only takes a moment to review it. But it can cost you a fortune

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