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Research that optimizes Doctors Revenue!

Medical Billing Insights

"Simple Solutions to Your Reimbursement Problems" You Care, We Deliver!
Friday June 8, 2012

How do modifiers increase your AR by more than 60 days?

Incorrect modifiers lead to...

Denials, payer audits, investigations, refunds and fines
Loss of revenue to the healthcare organization
Delay in Account Receivable (AR) Collection days, pushing them up by 47- 60+ days

Industry Standards:

High-performing groups-
7 - 10% of their Total A/R collected in 120+ days

Other groups-
about 19 - 35% of their Total A/R collected in 120+ days

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Track your modifier with MBC …

Steps applied by MBC	Pertaining to modifiers application in the RCM process
List common procedures	Medicare & other major private insurance payer do not reimburse.
Quick reference & analysis	Collate payers’ write-off codes into the management system
Monthly reports	Denied/reduced claims due to a missing /incorrect modifier
Modifiers information	Included in payer contract with clear definitions in contracts
Track changes	How payers handle and reimburse modifiers
Contract management software	Keeps a tab on payments & compares to contract- allowable

MBC’s expert Research & Billing team will keep track of the appropriate modifiers to be applied providing updates about new rules, changes for each specialty. Medicalbillersandcoders.com has been assisting in revenue maximization to healthcare organizations by billing and coding for:

Over a decade now for physicians across the 50 US States and across varied specialties
Our team is constantly training and updating themselves about industry requisites
MBC also provides consultancy right from the best EHR– to data analytics

MBC’s Customized Reporting	+	Dedicated Account Manager
Achieve the revenue your practice deserves!