The percentage of claims submitted that are accepted by the payer on the first submission without errors or additional information required.
The total amount of money owed to a practice for services rendered but not yet collected from patients or insurance payers.
Current Procedural Terminology codes — a standardized system of 5-digit codes used to describe medical, surgical, and diagnostic services for billing purposes.
The systematic process of identifying, analyzing, and resolving denied insurance claims to recover lost revenue.
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