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There are two changes in the psychiatry section of CPT for 2017 behavioral health billing. The first is the description of psychotherapy CPT codes were revised to remove the words “and/or family.” In 2016, CPT code 90832 was defined as “Psychotherapy, 30 minutes with patient and/or family member.” In 2017…
Electronic Fund Transfer: Electronic Funds Transfer or “EFT” is the process of using of telecommunications to move funds from one financial institution to another. EFT has two basic EFT transaction types: Wire transfers and Automated Clearing House (ACH) transactions. Effective January 2014, all health plans must be able to make…
Orthotics & Prosthetics coverage may be subject to a copay or coinsurance. Authorization is required for various devices and this varies from payer to payer. This is considered a part of the member’s benefits provisions. Operational efficiency and boosting the revenue cycle says it all to understand and improve orthotics…
Revenue cycle management in the behavioral health treatmnet centres is constantly evolving. If your behavioral health billing organisation is not up to date with the many intricacies of the insurance billing processes you are subject to extreme losses in revenue as well as a disservice to your patients. In this blog we will break…
Podiatry Billing is a very specialised field of medical billing and comes with its very own set of challenges. Without in depth knowledge of podiatry and extensive experience in podiatry billing, general billing service providers or even in house specialists can’t attempt to maximise revenue. Awareness about foot care is slowly…
How do you measure the financial health of your healthcare business? This receivable analysis will quickly measure the financial health of your company and your accounts receivable. What is involved with an accounts receivable analysis? The three simple formulas below for your company’s Balance Sheet will reveal the negative or…
If you are a billing company that provides services in anesthesia, you have to cater best in class solutions that improve your clients practice management in best proportions. It is true that the present day demands of a provider are evolving with time and you will need to induce quality…
From pregnancy, delivery, and beyond, the OB GYN practice is dedicated to caring for women at every stage of life. Obstetrics and gynecology focus on the two medically separate states of pregnancy and non pregnancy, and these two states can be combined in a surgical-medical specialty that allows them to…
It is true that the ongoing changes in the healthcare industry demand a practice to hire and use dedicated resources that will manage urgent care billing with best in class denial management methods. The biggest challenge in urgent care billing is to ensure the right checks and balances with improved…
Making understand the therapeutic use of DME billing is crucial. Any member of insurance benefits with equipment to certain conditions that require repetitive use is DME. It will have a definitive purpose and any CPAP and BIPAP machines, devices in oxygen, ambulatory equipment, crutches, and cane fall under this category.…
