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Revenue Cycle Management (RCM)

Reimbursement Tips and Documentation Requirements for DSMT

Reimbursement Tips and Documentation Requirements for DSMT

The Centers for Medicare & Medicaid Services (CMS) provides reimbursement for Medicare beneficiaries for diabetes self-management training (DSMT), under certain conditions. Becoming familiar with the Medicare DSMT reimbursement guidelines can help increase a DSMES service’s financial sustainability. Reimbursement guidelines change often, the Centers for Medicare & Medicaid Services resources listed below to ensure access to […]

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Reimbursement Guidelines for Modifier 90

Reimbursement Guidelines for Modifier 90

Reference (Outside) Laboratory: When laboratory procedures are performed by a party other than the treating or reporting physician, the procedure may be identified by adding Modifier 90 to the usual procedure number. For the Medicare program, this modifier is used by independent clinical laboratories when referring tests to a reference laboratory for analysis. Modifier 90 […]

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Top 5 Challenges with Healthcare Revenue Cycle Management

Top 5 Challenges with Healthcare Revenue Cycle Management

Healthcare Revenue Cycle Management Healthcare Revenue Cycle Management professionals use information technology to track claims throughout their lifecycle. This is necessary to ensure payments are collected and denied claims are addressed. However, some hospitals struggle to implement information technology and billing infrastructure that successfully manages claims and large outpatient networks. Effective health information technology is […]

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If You Can Fill and Track These Reports, Your Practice Will Never Face Losses

If You Can Fill and Track These Reports, Your Practice Will Never Face Losses | Medical Billers and Coders

Creating medical billing reports can help you diagnose the health of your practice. Reports can show you how your practice is performing on important revenue cycle metrics, whether claims are being paid in a timely fashion and how well insurance carriers are paying you for key procedures, among other things. These reports will provide you […]

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Billing Company Should Be Sharing Monthly Reports with You Regularly

Billing Company Should Be Sharing Monthly Reports with You Regularly | Medical Billers and Coders

As a physician, you need a reliable and efficient business intelligence system that provides automated revenue reports of your practice. These reports will provide you with accurate information regarding the health of your practice saving you from lost revenue, keeping your practice financially sound while allowing you to free up your clinical staff and resources […]

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10 Tips to Reduce Claim Rejections

10 Tips to Reduce Claim Rejections

A rejected claim contains one or more errors found before the claim was processed. Errors will prevent the insurance company from paying and the rejected claim is returned to the biller to be corrected. A rejected claim may be the result of a clerical error or a mismatched procedure and an ICD code. A rejected […]

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Revenue Cycle Management (RCM) hits Home Medical Equipment’s (HME)

Revenue Cycle Management (RCM) hits Home Medical Equipment (HME)

A large Home Medical Equipment (HME) billing service provider is looking to aggressively expand its RCM business. In the business world as well as in the healthcare field growth is good. However, with growth comes a unique challenge; which may or may not be solved. Even though evolving or growing medical facility services may not […]

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