tci Part B Insider - 2012 Issue 44

Part B Revenue Booster: These 5 Errors Could Be Causing You to Bleed Money

Avoid making these mistakes and you’ll keep the reimbursement flowing. Certain technological advances, such as EHRs and electronic billing forms, have created new opportunities for fast reimbursement. However, many practices are sending out claims so quickly that they may be overlooking specific opportunities to collect accurate reimbursement. If your practice doesn’t seem to be living up to its earning potential, check to ensure you aren’t making one of these five common mistakes. 1. Not Collecting Coinsurance and Copays With some copays running up to $60 in the current environment, you certainly can’t afford to write...

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