ED Coding & Reimbursement Alert - 2010 Issue 10
PART B PAYMENTS: Lock in New Ways to Improve Your Practice's Bottom Line
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Article Overview
This article reviews practice-management approaches aimed at improving Medicare Part B revenue and reducing missed collections. It focuses on general reimbursement optimization topics such as collecting expected patient payments at the time of service, extending office hours, and handling no-show fees under Medicare policy. The piece is aimed at billing staff, practice managers, and coding or revenue-cycle professionals who want to understand operational considerations that affect payment.
Why This Topic Matters
The topic is relevant to practices trying to protect cash flow during Medicare payment uncertainty and to ensure office policies align with payer expectations. It also highlights operational areas that can affect reimbursement without involving formal code changes.
What You Will Learn
- Common practice-management approaches that can help support Medicare Part B reimbursement.
- How scheduling and office-hours decisions may affect overall practice revenue.
- General considerations for patient fee policies and missed-appointment charges.
- How internal financial policies can support collection efforts.
Who Should Read This
- Medical coders
- Billing specialists
- Practice managers
- Revenue cycle staff
- Physician office administrators
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