tci Part B Insider - 2015 Issue 5

Part B Revenue Booster: 5 Services You Shouldn't Offer for Free--And 3 That You Should

Not everything will be a ‘freebie’ in your practice. Everyone likes free items and services, but your practice could be losing money if you’re offering visits at no charge when you could legitimately be reporting them. Read on for five of the most common services that you should be billing—and three things you must actually offer for free. Collect for These Five 1. Copays and deductibles. Although there are some rare instances when you can write off a patient’s copay or deductible, as a rule you should be collecting these. Financial arrangements that differ from...

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