tci Medicare Compliance & Reimbursement - 2009 Issue 7
BILLING : Make Sure You Charge For All Your Services
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Article Overview
This article discusses general billing and practice-management metrics used to evaluate whether services are being charged and billed promptly. It is aimed at medical practice managers, billing staff, and administrators who want to understand charge capture, accounts receivable trends, and collection performance. The piece focuses on why these measures matter for operational oversight and profitability, without getting into specific coding rules or payer instructions.
Why This Topic Matters
Tracking billing and collection activity helps practices identify missed charges, slow charge entry, and other operational issues that can affect revenue and profitability.
What You Will Learn
- How gross charges are used to monitor billing activity over time.
- Why charge capture and billing timeliness affect revenue tracking.
- How collections trends can be used alongside charge trends to identify problems.
- Why profitability issues may require operational review rather than immediate staff cuts.
Who Should Read This
- Medical practice managers
- Billing staff
- Coding staff
- Healthcare administrators
- Physician office operations teams
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