blog what-does-a-clearinghouse-do-during-claim-submissions 
Etactics
FEBRUARY 15, 2024
In 2021, there were approximately 48 million denied claims. Claim denials continue to plague the healthcare system, bogging down medical billing personnel when it comes to their day-to-day tasks. So what is the secret to regulating your claim denial rate? So what is the secret to regulating your claim denial rate?
Etactics
NOVEMBER 3, 2022
30% of insurance claims get denied on their first submission. Part of this is because of the complicated nature of the claim adjudication process. There’s nothing simple about the claim submission process. If you aren’t a seasoned medical biller, you are probably asking yourself, “what is claim adjudication?”
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Etactics
AUGUST 23, 2022
The introduction of the electronic claims process revolutionized healthcare forever. The paper claim process was so clunky that the average cost of submitting just one of them was $6.63. For comparison, the average cost of submitting a claim electronically is $2.90. Submitting the claims is still a step that needs to happen.
Etactics
AUGUST 30, 2022
You submit a patient’s claim to their insurance payer, their payer takes a look at it and they pay you. Although that statement is technically true regarding the claim submission process, it’s definitely not easy. After all, there’s a reason why 30% of insurance claims get denied on their first submission.
Icanotes
APRIL 13, 2021
Mistakes and errors on the claims you submit to insurance companies can delay payment or cause the company to reject your claim. Mistakes and errors on the claims you submit to insurance companies can delay payment or cause the company to reject your claim. What Is a Clearinghouse in Health Care?
Etactics
SEPTEMBER 20, 2022
86% of all healthcare claim denials are avoidable. I mean, if you told any business that 86% of the revenue that they’re losing on an annual basis could be re-obtained they would instantly implement the workflows necessary to do so. Of course, the true answer to that question is that healthcare claim submission isn’t cut and dry.
Etactics
JANUARY 11, 2022
You see, the average initial claim denial rate in Q3 of 2020 alone hit over 11%. What I’m trying to convey is that you’re not the only healthcare professional who’s faced with the challenge of getting paid by client insurance providers. That’s not to dismiss what you’re going through, misery loves company.
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