Medical billing plays a crucial role in healthcare administration, but it can be quite challenging for small medical businesses like independent labs and specialist practices. For medical practitioners, it is essential to receive timely and accurate billing to keep their offices running smoothly, receive payment for their services, and provide high-quality care to patients.
Insurance companies and government payers often deny or reject claims, creating uncertainty for practitioners about whether they are receiving fair compensation. Medical billing underpayment is a common problem that can significantly impact the financial health of medical businesses. Unfortunately, denial management is an unavoidable part of healthcare billing.