Optimizing claim denial management strategies can aid Medicare providers in recouping lost revenue and maximizing reimbursements. Medicare organizations most often lose a significant amount of yearly, monthly, and daily revenue just because they are unable to cope with claim denials effectively. What is Claim Denial? Claim denial is a refusal of an insurance company to honor the request of an individual to pay for his/her health care services obtained from a health care professional.   Studies have found…