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in 2021 around 16 of all medical claims submitted received a denial code that percentage may not sound like a large amount but lets look at it from a different perspective that percentage ended up equaling about 48 million denied claims this goes without saying that millions of dollars in Revenue sat untouched with those denied claims affecting tons of practices but how do you avoid a situation like that happening to you in your practice understanding the Health care billing process and the specific standards that are in place is a great place to start with ever-changing rules and guidelines the idea of staying above everything is a tall order to fill when it comes to medical coding one of the most important things to understand is well the different codes there are different kinds of universal codes that apply to all insurance carriers in the United States but including all of them in this video would take far too long for today lets look at Revenue codes and how important they are
