tci Part B Insider - 2007 Issue 15

REVENUE BOOSTER SPECIAL ISSUE: A Half-Dozen Mistakes Per Week Could Spell $25,000 Revenue Drain

October through December could be your cash-losing monthsTimes are getting tougher for physician practices. Are you leaving money on the table? If you-re just missing five minor services per week, that could add up to huge losses, say experts. -Five mistakes a week,- says Catherine Brink, president of Healthcare Resource Inc. in Spring Lake, NJ. -Next thing you know, you-re losing $25,000 a year.- So you need to make sure your staff members are capturing every injection, every drug code, every separately reimburseable supply or minor procedure, and every evaluation & management code, Brink urges. You...

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