Go Prompt Solutions: Transforming Denials into Revenue!
About our Denial Management Services
Key Denial Management Solutions
At Go Prompt Solutions, our denial management services drive efficient revenue recovery by tackling both denied and rejected claims head-on. In medical billing, denied claims—processed but unpaid due to compliance or coding issues—require swift, targeted resolution to prevent revenue loss. Our strategy combines root-cause analysis with expert appeals to recover lost revenue and reduce future denials.
Key Denial Management Solutions
Streamlined Claim Status Management
With automated, real-time access to claim statuses via web portals, we keep every claim moving forward, minimizing delays and maximizing efficiency..
Workflow Automation & Claim Tracking
Our customized, web-based systems streamline claim tracking and document management, expediting communication with insurers to resolve issues faster and with precision.
Claim Resolution with Impact
We prioritize full claim resolutions over simple status updates, managing every claim strategically. This approach ensures accurate payments are secured swiftly, minimizing delays and maximizing your practice’s revenue.
Coding Compliance & Regulatory Adherence
Staying current on coding standards and regulatory changes, our team ensures your claims align with the latest payer requirements, reducing compliance-based denials.
Detailed Reporting & Insightful Analytics
Comprehensive reports offer insights into accounts receivable, allowing us to quickly identify and resolve root causes, driving better financial outcomes for your practice.
A/R Reduction & Financial Gains
Our denial management approach is designed to reduce A/R days by up to 20% and increase collections by 5-7%, delivering measurable improvements that strengthen cash flow and support your practice’s financial health.