Hospitals are experiencing high rates of claim denials from payers, and the reasons for the denialsvary. Each denial can negatively impact the organization’s revenue cycle. The purpose of thisassignment is to analyze the reasons for claim denials and seek a solution. For this assignment, youwill assume the role of revenue cycle manager for a local hospital. You will identify the causes of claim denials and devise a planfor improving the denial rates. Also include the following discussions:
What are the most common reasons for claims denials?
What impact do claims denials have on revenue cycle management?
What is the significance of claims denials on the organization’s accountsreceivables?
Include specific recommendations for decreasing claims denials.
Please include references.
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