Handling day to day tasks is not that simple for private practitioners. Clinic owners are needed to employ someone with a specific skill set. For instance, treatment staff of yours might too meticulous and happy to follow prescribed guidelines, on the other hand, managing instant social circumstances could be done efficiently by your desk staff. Moreover, there are very few operational therapy clinics, those will hire a particular person who trained in claims and billing submission. The following are some tips for occupational therapy billing in 2020, which could make sure appropriate billing in order to escape payer inspection, and ensure your practice keeps on track in the direction of proper reimbursement.
Maintaining the record of patients’ treatment history
Have you ever been audited your clinic? If the answer is yes, you understand that the company who did the internal auditing holds the right to ask your clinic for very particular documents. If you have EHR/EMR (Electronic Health Records) Software, you should not worry about any kind of inspection from payers. The EHR software will contain a dedicated place in the software, which purposefully developed for storing documents of each and every patient. Furthermore, it will store documents such as their starting assessment to their daily progress reports, Practice Perfect has allowed you to store all types of documents in the section of software known as ‘Activity by Documents’ and make your business audit-proof.
Knowledge of Common Procedural Terminology (CPT) and widely-used treatment
There are specific services and treatments commonly known as the CPT codes in the United States. It is highly important to have knowledge about these codes, especially in the current situation of COVID-19. Recently, Centers for Medicare & Medicaid Services (CMS) announced that it will provide guidance about the position of service codes for billing telehealth services. Even if you may putting the same service or care for two different patients, there may be an n number of nuances, which may inevitably impact the cost. Therefore, it is critical for persons responsible for billing your occupational therapy to be very comfortable with the services and care that your clinic’s patients need most.
Utilization of Occupational Therapy Electronic Medical Records Software to Bill Directly
There are a variety of Occupational Therapy Electronic Medical Records (OT EMR) software into the market which can manage your EMR as well as scheduling. These software’s are helpless when it comes to billing. At best, they are providing billing services for the additional cost or in worst, they guide you to one of their sister companies, which will charge you extreme fees.
Addition of the needed clinical documentation in submissions
Essentially, all claims need some sort of clinical documentation in order to substantiate the care that they are receiving. Which itself termed as diagnosis codes. According to your area, you will be needed to utilize a specific set of diagnosis codes such as ICD-10 codes. Moreover, it is also necessary to fill specific progress reports or results apart from diagnosis codes and add them to your claims submissions. If you are an expert you don’t have to worry about missing or escaping this information. These are some of the tips for occupational therapy billing in 2020. Hope you will get a clear understanding of CPT, OT EMR, and others.