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August 5, 2010 Visit Kareo >>

Welcome to the first issue of Getting Paid, a monthly e-newsletter by Kareo to help you make medical billing easier. Each issue will provide quick-read articles that will help you:

  • Streamline your billing processes
  • Improve your profitability
  • Increase patient/client satisfaction
  • Stay up to date on industry news and ideas
  • And much more...

If you have topics you would like us to cover in upcoming issues, please email us at marketing@Kareo.com. We hope you enjoy this first issue.

Latest from Kareo

 

A Dozen Steps to Successfully Appeal Denied Claims

by Elizabeth W. Woodcock, MBA, FACMPE, CPC

Appealing denied claims used to be a simple process. A biller working with a physician's office would stamp "APPEAL" in big red letters on a photocopy of the claim, and mail it back to the insurance company. These days, this sort of knee-jerk response won't even make it past the insurance company's initial computer screening. To successfully appeal denied claims, you need... Read More

Improving Productivity in Your Billing Processes

By Michelle Rimmer, CHI, CPMB

Apart from the patients, billing is the lifeline of the medical office. Whether your medical office's billing is done in-house or you've outsourced it to a third-party medical billing company, there are specific things you should do that are crucial in maintaining a smooth medical billing process... Read More

Case Study

Mental Health Practice Boosts Cash Flow by 90% in One Year

Christine Rykiel, LCSW

Watch Video

For Christine Rykiel, LCSW, improving her medical billing process and time to payment translates directly to greater patient satisfaction and the growth of her practice. "If my practice didn't get paid for six months, the therapists didn't get paid for six months..." Read More

 
Case Study

Medical Billing Service Grows from $10,000 Loan to $100,000 Growth Per Year

Michael Evans, Owner/Founder, National Billing Institute

Michael Evans, owner and founder of National Billing Institute, is a medical billing service success story. After achieving growth of $100,000 per year over the last three years, Michael expects to see even greater growth this year and attributes the growth to two key strategies... Read More

 

Billing Tip of the Month

Pro-Active Notes Process Speeds Payment on Elective Procedures

By AJ Riviezzo, MBA, CEO, American Physician Financial Solutions, LLC

Many elective procedures require not only a preauthorization, but are frequently subject to review post-procedure. This review typically consists of sending documentation to the payer for their review. Waiting until the claim has processed and been denied with a request for notes can significantly delay payment... Read More

Top News and Ideas from Industry

 

A More Efficient Claims Process

AMA Editorial, Aug. 2, 2010

Since the American Medical Association launched its National Health Insurer Report Card in 2008, there has been noticeable progress by plans that apparently have taken to heart the AMA's call to improve the efficiency and transparency of their claims processing. However, the AMA's 2010 report -- the first report that has measured the overall rate of claims accuracy -- finds the industry's efforts to address the issues have a long way to go... Read More

Nixed Medicare Consultation Codes Force Doctors to Make Cutbacks

By Chris Silva, Amednews, Aug. 2, 2010

Washington -- Thousands of physicians say they have been forced to adopt a number of damaging cost-cutting measures as a result of Medicare discontinuing its use of consultation codes, a policy adopted by the Centers for Medicare & Medicaid Services that took effect on Jan. 1... Read More

eRx Incentive Program 2010 Updates

AAPC Industry News, July 30th, 2010

It’s not too late for physicians to participate in the Electronic Prescribing (eRx) Incentive Program and potentially qualify for a full-year incentive payment. Eligible professionals (EPs) may begin reporting eRx at any time throughout 2010... Read More

Recovery Audits Expanding to Include Medicaid

By Chris Silva, Amednews, July 26, 2010.

Washington -- The Centers for Medicare & Medicaid Services is working to expand its recovery audit contractor program to all of Medicare and to the Medicaid program by the end of the year, although an agency official told Congress in July that CMS faces challenges in getting that done on time... Read More

Adding Patient Administrative Fees Must Be Done Sensitively

By Victoria Stagg Elliott, Amednews, July 5, 2010.

Asking for modest fees to cover administrative expenses or to reduce patient behaviors, like missing appointments, might appeal to physicians with increasingly strained bottom lines. However, experts say adding fees must be given careful thought -- they can alienate patients and you could spend more money trying to collect them than they ever bring in... Read More

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