Wiki Billed Less Than Allowed

[ladonnaalexis]

Just started at a new practice and I discovered that for the year 2010 all that the billed amount on all cpt codes to Medicare were less than the allowed amount. I have corrected the billed amount. Would it be wise to submit reopenings to Medicare for all these claims and requesting the billed amount be corrected?

 

[mmorningstarcpc]

It sounds like the first thing you should do is review and/or revise your fee schedule. You are leaving money on the table.

 

[lch]

I would first determine how much revenue was lost and then present the amount to the physician and let him decide.