tci Part B Insider - 2016 Issue 36

Part B Revenue Booster: Smooth Sailing: Keep Your A/R Afloat or Suffer the Consequences

Take a look at these ideas to keep your accounts receivable in check. Easy-to-access EHRs, ICD-10 savvy staff, and keeping up-to-date with your MAC and CMS are just part of the daily essentials to be a Medicare Part B provider today. But, if your practice is always scrambling to make its bottom line despite following these current prerequisites, accounts receivable (A/R) may be to blame. Some practices inevitably fall behind on reconciling their A/R and collecting the proper payments upfront. Others are simply out-of-the-loop with current MAC policies and procedures or lack quick-to-the-take administrators who understand A/R fundamentals. After...

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