tci Medicare Compliance & Reimbursement - 2010 Issue 6
PART B PAYMENTS: Lock in New Ways to Improve Your Practice's Bottom Line
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Article Overview
This article discusses practical ways physician practices can improve Medicare Part B-related revenue and overall payment collection. It focuses on general practice operations such as collecting patient financial responsibility at the time of service, evaluating expanded office hours, and handling missed-appointment fees under Medicare policy. The piece is useful for billing staff, practice managers, and coders who want a high-level update on operational payment issues rather than a coding-specific rule change.
Why This Topic Matters
Payment collection and office policy decisions can directly affect practice cash flow and patient billing workflows. Understanding the broad Medicare policy context helps practices reduce avoidable revenue loss and align internal financial procedures with payer expectations.
What You Will Learn
- Common practice management approaches that may improve reimbursement and cash flow
- General considerations for collecting patient deductibles during the visit cycle
- How office scheduling choices can affect practice income
- Broad Medicare policy considerations related to missed-appointment fees
Who Should Read This
- Medical practice managers
- Billing staff
- Physician office administrators
- Medical coders
- Revenue cycle professionals
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