Medical Billing and Coding Services

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If You Can Fill and Track These Reports, Your Practice Will

https://www.medicalbillersandcoders.com

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. 

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Minimize Your Losses in Medical Practice by Focusing on AR Bucket

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Accounts receivable or AR is a term used to denote money owed to your practice for services you have rendered and billed. Any payments due from patients, payers, or other guarantors are considered AR. An increase in AR from one period to another is often a sign that monies such as copays, deductibles are not being collected upfront.

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Monthly reports your Billing Company should be sharing with you

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As a physician, you need a reliable and efficient business intelligence system that provides automated revenue reports of your practice.

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How to read a complicated AR report very easily?

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Medical billing reports are a key barometer for understanding what’s going on in your medical practice. Without good reporting, it’s difficult to determine whether your practice is making money or not.

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Understand Basics of Optometry E/M Coding

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What’s Optometry E/M Coding? The acronym ‘E/M’ stands for ‘evaluation and management’. An E/M code consists of five digits. The leading four digits are ‘9920’ for new patients and ‘9921’ for established patients.

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Tips to Solve Account Receivable Delays for your Practice

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Legitimate income administration is always critical for any type of organization. One of the foremost problems for income issues is inadequately overseen Accounts Receivable.

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Avoid the Top 10 Modifier Mistakes – Modifier 79

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Modifier 79 is an informational modifier. No additional documentation is required to be submitted with the claim. Supporting documentation must be maintained in the patient’s medical record and must substantiate that the surgeries are unrelated.

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Avoid the Top 10 Modifier Mistakes – Modifier 51

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Modifier 51 is defined as multiple surgeries/procedures. Multiple surgeries performed on the same day, during the same surgical session. 

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Avoid the Top 10 Modifier Mistakes – Modifier 50

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Modifier 50 is used to report bilateral procedures that are performed during the same operative session by the same physician in either separate operative areas (e.g. hands, feet, legs, arms, ears), or one (same) operative area (e.g. nose, eyes, breasts).

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Avoid the Top 10 Modifier Mistakes – Modifier 58

https://www.medicalbillersandcoders.com

Matching CPT code with an ICD 10 code, this would seem to be a very straightforward process but there are always variations/exceptions to everything.

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