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Medicare Update
Medicare had recently issued guidelines regarding billing for blood pressure checks and how to use the Advanced Beneficiary Notice.
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Three Critical Components for Better Physician Compensation Plans
Medical groups are struggling with the challenges of implementing a physician compensation plan that promotes critical group success factors while operating in an environment of constantly changing reimbursement methodologies. These three components which, when implemented, can provide any organization with a compensation plan that will meet the challenges of today’s changing market and changing reimbursement methodologies.
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Improve Practice Cash Flow by Improving Front Desk Collections
A major collection-policy goal for a practice should be to collect something from every patient who comes to the office for an appointment, unless payment is not allowed by law.Most practices think they do a pretty good job at front desk collections but in reality, the opposite is true.
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You Need to Track Managed Care Reimbursements
According to an informal polling of practitioners at a recent health care conference, over 80% of the participants indicated errors have been found with regard to what the medical practice was contracted to receive as payment and what the managed care company actually paid for the service.
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