tci Part B Insider - 2011 Issue 17

Part B Payment: Five Mistakes Each Week Could Create $25,000 Revenue Drain

Are you staying on top of claims submissions and appealing when you know you billed properly?Times are getting tougher for physician practices. Are you leaving money on the table? If you're just missing five services per week, that could add up to huge losses, say experts.Example: "Suppose your coder falls behind on claims and leaves five new patient visits in the system, forgetting to submit them to your MAC," says Atlanta-based coding consultant Jay Neal. "Just to pick the code in the middle of the range, we'll say they were all 99203s, which reimburse about $100...

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