Do you know the cost of reworking on an Ophthalmology Denied/Rejected Claim?

Do you know the cost of reworking on an Ophthalmology Denied/Rejected Claim?

Do you know the cost of reworking on an Ophthalmology Denied/Rejected Claim?

According to the Medical Group Management Association (MGMA), the average cost of reworking a rejected or denied claim is $25. If you take the 46 claims, the optometry practice received last month. Then, multiply it by $25 each, and it equals $1150 that the practice spent fixing errors and resubmitting the claims.

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Ophthalmology Claims ClaimRejection Denial DenialManagement OphthalmologyBilling OphthalmologyBilllingServices RCM RCMProcessManagement RCMServices Optometry CMS Medicare Medicaid Collections AccountsReceivable MedicalBillingCompany MedmaxTechnologies

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