Build an optimal remote team that contributes to your organization’s success. In the 2016 Membership Survey, 26 percent of coders and billers said they work from home some of the time, and 8 percent said they worked from home all of the time. As information and communication technology continues to advance, more remote coding and ...
Education and flexible payment options are keys to success. By Robin Upton, CPC Patients who do not understand their health insurance or financial responsibility turn into unhappy customers when they receive an unexpected bill from your physician office. Educating patients up front regarding these matters and offering payment options helps to prevent unpleasant situations that ...
Tighten up the turnaround time for patient payment and see the financial benefits to your practice. By Teresa D. Skipper, CPC, CHCA The number of days that claims are in accounts receivable (A/R) is climbing. Is it any wonder? Patients no longer have $500 yearly deductibles with 80/20 policies and low copays. Deductibles have increased ...
Jan 25th, 2017
The Centers for Medicare & Medicaid Service (CMS) have grown tired of Medicare Advantage provider directories’ errors, ordering 52 payers to fix them within 30 days. That’s good news for patients, and for the providers who must answer their questions. A recent CMS study revealed that of 5,832 providers, only 53.1 percent of the information about providers and ...
When claims are not getting paid in a timely manner, eliminate the holdup. Accounts receivable (A/R) is the bread and butter of an office. To support the livelihood of your practice, ask your employees to think about uncollected balances from a personal point of view. For instance, would they wait 120 days to receive reimbursement ...