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Chiropractic Billing: 5 Ways to Augment your Revenue

Care and attention needed for chiropractic billing

Billing in Chiropractic specialty needs a lot of careful attention and can be time-consuming. These services are specialized and reimbursement of claims carries several restrictions. Medicare has many restrictions and commercial payors may have a lesser number. Documentation of medical necessity is critical to get claims paid. Most importantly, payors will reimburse only treatment of the spine by manual manipulation to correct a subluxation of one of the vertebral joints.

Even with restrictions laid out by payors, there are ways to augment your practice’s revenue. (more…)

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Ambulance Billing: Best Practices to Maximize Revenue

Physician and nurse with ambulance

 

Ambulance transportation is a reimbursable service when the patient’s health condition is such that using any other transportation method would endanger the patient’s health.

Ambulance services are handled by paramedics and other medical professionals. They are well trained and equipped to carry out the first aid and transportation. Billing for ambulance services and coding are best done by professionals who are certified and trained in this work. (more…)

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Why is Patient Demographics Crucial in Medical Billing?

Patient demographics is important in medical billing

Importance of patient demographics

All medical facilities collect demographic details from patients, which are used for various purposes, including analytics. When it comes to claims submission and reimbursement from payors, the correctness and completeness of demographics data of patients  assumes importance. Patient demographics entry is the basis of a claim.

Inaccurate demographics entry results in claim denials and delayed payments. Studies show that healthcare organizations lose about 7% of their annual collections on account of errors in demographic entry. The process of demographic entry should be a streamlined one with checks inbuilt to eliminate mistakes at the initial stages of the revenue cycle. Investing time in capturing accurate patient demographics is crucial to successful revenue cycle management. (more…)

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