Beth Morgan, president and CEO of Medical Bill Consultants, has over 40 years of experience coding and billing for various providers and facilities. She provided these three tips: Read the notes carefully. If coders and billers don’t read notes carefully, they might miss a key component that the provider also missed. For example, if the […]
The Medicare Access and CHIP Reauthorization Act (MACRA) of 2015, requires us to remove Social Security Numbers (SSNs) from all Medicare cards by April 2019. A new Medicare Beneficiary Identifier (MBI) will replace the SSN-based Health Insurance Claim Number (HICN) on the new Medicare cards for Medicare transactions like billing, eligibility status, and claim status. The […]
Q: When you are basing an office visit on time, do you need to meet the levels in history, exam and medical decision-making too? A: It is not unusual to spend a considerable amount of time face-to-face with a patient reviewing problems, adjusting medication dosages and counseling or coordinating care, only to find that you […]
Providers with claim denial challenges that are part of the growing Medicare appeals backlog can receive 62 percent of the billed amount under a new low volume appeals settlement from CMS. February 07, 2018 – In the face of a growing Medicare appeals backlog, CMS opened the first round of a low volume appeals settlement […]
Today, I want to talk about DSO (Days Sales Outstanding). This is the time frame in number of days it takes for you to see a patient and get the final payment posted into your billing system. Do you know what your average DSO is? Do you know why it’s important to know this? Do […]
Even as recently as five years ago, the revenue cycle outsourcing process took on a very different form to that of today. For years, most organizations saw the revenue cycle as little more than a cost center – meaning that revenue cycle outsourcing was a decision made largely from an administrative perspective. It was seen […]
The skilled nursing facility (SNF) consolidated billing (CB) file reflects new codes for 2018, as well as codes that are excluded from SNF CB for Medicare Part A claims payment. The SNF annual update file contains a comprehensive list of codes involved in editing institutional claims submitted to A/B Medicare administrative contractors (MAC) for services […]
2018 brings us new functional endoscopic sinus surgery codes (FESS) which bundle a total ethmoidectomy with both a frontal sinusotomy and a sphenoidotomy with and without removal of tissue. 2018 CPT® also provides a new bundled code for a frontal and sphenoid endoscopic balloon dilation. On initial review of these new codes and the instructions […]
This is evidenced by the Advisory Board’s 2017 revenue cycle benchmarks, which revealed the average 350-bed hospital saw denial write-offs increase from $3.9 million in 2011 to $7 million last year. To address the problem of increasing denials, healthcare organizations should focus on categorizing claims by type, as well as success of appeals, according to […]
Occasionally, the total service/procedure described by a single CPT® code is comprised of two distinct portions: a professional component and a technical component. The professional component of a diagnostic service/procedure is provided by the physician, and may include supervision, interpretation, and a written report. The technical component of a diagnostic service/procedure accounts for equipment, supplies, […]