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Getting Paid Newsletter

In This Issue / September 2012

Seven Ways to Improve Your Patient Collections

By Betsy Nicoletti, M.S., CPC

Patients' higher deductibles and out of pocket costs shift the burden from insurance to patient due collections. Here are seven key steps to improve your patient collections…

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Complimentary Webinar: Improving Your Bottom Line Through Patient Collections

Tuesday, September 25, 2012
1:00 PM EDT/10:00 AM PDT
Speaker: Donna Weinstock

Register Now

Join expert Donna Weinstock as she explains:
• Ways to ask for money when the patient is in the office
• The importance of having a financial policy
• The value of collecting deposits on the front end
• Collecting deductibles at the time of service
• And much more



Beyond Receivables: Hidden Costs of Inadequate Up-Front Patient Collections

By Laurie Morgan

If your practice hasn’t mastered collecting patient payments at the time of service and you’ve come to consider the financial impacts tolerable “for the moment,” you should consider several other negative effects...

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Find Out How to Streamline Your Medical Billing in a Kareo Demo Webinar

Learn how Kareo medical billing software will make medical billing easy for you as you improve your profitability:

Save money — affordable monthly fee subscription that INCLUDES clearinghouse fees
Increase collections from patients with online bill pay and e-statements.
● and much more…

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Top News & Ideas from Industry

Time to Leapfrog Over the Debate, Into an ICD-10 Transition Plan

Carl Natale, ICD-10 Watch, August 31, 2012
In a way, the final rule on the Oct. 1, 2014, deadline for  ICD-10 compliance didn't change anything. In the spirit of moving on, here's a round up of what is being said about making ICD-10 implementation a reality...

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Doctors Can’t Challenge Medicare Audits, Appeals Court Rules

Alicia Gallegos, Amednews, September 10, 2012
Health professionals cannot challenge auditors’ decisions to review Medicare claims that are more than a year old, the 9th U.S. Circuit Court of Appeals has ruled…

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Practices Concerned Over ICD-10 Switchover, Survey Says

Erin McCann, Healthcare IT News, September 5, 2012
Medical practices nationwide have expressed worry regarding the impact of an ICD-10 switchover, according to a recent survey...

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Latest Ractrac Survey Shows Soaring Denials

Kelsey Brimmer, Healthcare Finance News, September 4, 2012
According to the latest RACTrac survey, Medicare recovery auditors (RAC)-related denials in the second quarter of 2012 soared upwards by 24 percent from the first quarter of 2012...

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EHR Standards Get Tougher Under Finalized Meaningful Use Stage 2

Charles Fiegl, Amednews, September 3, 2012
Starting as early as 2014, physician practices will be required to achieve more difficult objectives to demonstrate meaningful use of electronic health records to earn federal bonuses and prevent future penalties...

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California Sues Plastic Surgeon for Aggressive Billing Tactics

Heather Linder, Becker’s ASC Review, September 5, 2012
California has filed suit against a South Pasadena plastic surgeon for her aggressive billing tactics, according to the Los Angeles Times...

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SGR Repeal Cost Estimate Drops to $245 Billion

Charles Fiegl, Amednews, August 30, 2012
Reduced projected Medicare spending for the next decade has lowered the estimated cost of repealing Medicare’s sustainable growth rate formula that helps determine physician pay...

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HIPAA Health Plan Identifier Rule Should Increase Standardization, Billing Efficiency

Heather Linder, Becker’s ASC Review, August 28, 2012
The Department of Health and Human Services announced a rule establishing a health plan identifier to increase standardization for HIPAA transactions and billing efficiency, according to GovernmentHealthIT...

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How to Bill for Screening and Treating Obesity in Adults

Victoria Stagg Elliott, Amednews, September 3, 2012
Even when patients are willing and able to enter treatment for obesity, primary care physicians have not always gotten paid for the screening and treatment...

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Selecting the Right E&M Codes at Your Medical Practice

Raemarie Jimenez, CPC, AAPC News, August 29, 2012
The focus on educating providers and coders on the selection of evaluation and management (E&M) services has increased over the years due to numerous factors, including...

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