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[Answered] What is Claims Adjudication?

Etactics

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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The Adjudication of Claims: An Ultimate Guide

Etactics

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. Easy enough, right?

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[ANSWERED] What is a Fee for Service in Healthcare?

Etactics

In this blog, we focus on unveiling the details surrounding the fee-for-service payment model. Details include what it is, how it works, as well as criticisms that surround the practice. Quality of care. So the question becomes, “Why is this method popular?” After all, there are some noteworthy models other than fee-for-service.

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Denial Codes in Medical Billing: Everything You Need to Know

Etactics

There are between 5 and 10 percent medical claim denials on average, according to the AAFP. In 2020, across HealthCare.gov insurers, reports show that 18 percent of in-network claims resulted in claim denials. But what are denial codes? Table of Contents What are Denial Codes? Let’s dive in.

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Denial Code CO16: Common RARCs and More

Etactics

86% of all healthcare claim denials are avoidable. Of course, the true answer to that question is that healthcare claim submission isn’t cut and dry. After all, healthcare is in the “business” of treating patients…not catering to the claim submission requirements set forth by insurance providers. What is denial code CO16?

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Denial Management in Healthcare: An Ultimate Guide

Etactics

There were nearly 50 million denied healthcare claims in 2021. Based on the total number of in-network claims submitted, that averaged out to a 17% denial rate. I know what you’re thinking, “That was back in 2021, right after a pandemic. That’s just one of the key topics we’re going to cover in this blog.