HOW TO MAXIMIZE MEDICAL BILLING REIMBURSEMENTS

7 Questions to see if $ is leaking out of your office

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1.  Are my ICD-10 Codes updated for this current year?

2. What am I doing with my denied claims?

3. Is my office taking advantage of electronic billing?

4. Am I familiar enough with my contracts?

5. Are we including any attachments with our claims?

6. Do I have contracts with insurance carriers that have longer periods than what is mandated in my state’s Prompt Pay Law?

7. Have you analyze your office’s procedures when charging patients?

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Review these 7 areas closely, and you’ll find that you’ve not only plugged up your money leaks, but most importantly, increased your income without having to drastically cut your costs.