tci Part B Insider - 2010 Issue 18

Billing: Optimize Your Billing Department's Efficiency With These Quick Tips

Be proactive -- not reactive -- to A/R changes. With Medicare payment changes up in the air every 30 days, medical practices are putting more pressure than ever on their billing staffs to collect every cent available to them. But practices should switch their focus from being reactive to Medicare changes -- and instead should become proactive by creating efficient billing procedures. Follow these three tips to make sure your billers are tracking the right numbers. 1. Review financial measurements. You may think your accounts receivable (A/R) department is running at 100 percent efficiency, but when is the last...

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