tci Part B Insider - 2016 Issue 20

Part B Revenue Booster: Turn Around These 5 Basic Blunders to Improve Your Cash flow

Learn how common coding mistakes can hurt your practice budget. As the healthcare industry becomes more complex, providers must be willing to adapt to the new initiatives. Sometimes that means hiring certified staff members that know what they’re doing, or investing in training and new software to keep up with governmentally mandated changes. If your practice is plugging along successfully, but your revenue is still in the slump, take a look at your coding situation. Improper coding, inexperienced coders, and the lack of updated training and resources are likely getting in the way of your fiscal viability. 1...

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