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10/31/2011

This sample letter will serve as a great tool for your practice when going to renegotiate your reimbursement rates with your private payer.  You can use the letter, in PDF format,  as a guide when writing your own renegotiation letter, says the letter's author Brian Agnew, president of Supero Healthcare Solutions in Austin, Texas.

The key: Your letter should be straightforward and brief, no more than two pages, dictating what you want to renegotiate and a glimpse of why your practice is important to the payer and the leverage it can offer, experts say (PBN 10/31/11). The key is to explicitly say what you want to do without tipping your hand, Agnew says.

10/24/2011

You could be letting money walk right out the door if you don’t offer your patients enough ways to pay their bills. Practices now generate about a third of their revenue directly from the patient compared to 3% to 4% several years ago, says Rick Altinger, a vice president for Intuit Health. You always want to collect patient balances at the time of service, but offering patients multiple payment options boosts collection efforts.

10/24/2011

You and your peers have steadily billed more observation services to Medicare and fewer inpatient care codes as requirements for inpatient status have tightened – but denial rates remain stubbornly high. With the creation of new subsequent observation codes in 2011 and CMS publishing different rules for their use than CPT, providers have more reasons than ever to be confused, experts say.

10/24/2011

Your incident-to and E/M service billing will be subject to further scrutiny going forward as the HHS Office of Inspector General (OIG) will be looking for new errors in those areas and others as part of its just-released 2012 Work Plan (PBN 10/10/11). Several E/M services will continue to be targeted in the 2012 work plan, including the new addition of use of modifiers during the global surgery period.

10/24/2011

You have just over two months left to upgrade to and successfully send test claims through HIPAA version 5010 software. Testing a claim in 5010 with your clearinghouse or payer can take days or weeks before you get a response and there are a lot of new requirements that could trip providers up and cause their test claims and potentially live claims to be denied, experts say (PBN 9/12/11).

10/24/2011

Expect either a letter or an email from your Medicare Administrative Contractor (MAC) warning you that you face a 1% payment penalty in 2012 under the e-prescribing (e-Rx) rule. CMS will send a separate letter or email to practices that submitted an e-Rx hardship exemption to avoid the penalty, that informs them whether their request was approved or denied.

10/24/2011

These charts compare how primary care providers perform against specialists when it comes to denial rates on common surgery services. For each of these codes, primary care is responsible for a significant share of utilization, despite the fact that specialists still bill the majority to Medicare. NOTE: “Primary care” reflects combined data from family practice, general practice, internal medicine, geriatrics and OB/GYN. The “specialists” category represents combined data for more than 20 other specialties, excluding only those with low Medicare utilization (e.g., plastic surgeons). NOTE: The percentages above the bars reflect averagedenial rates.

10/24/2011

At what point after an initial event is a condition considered “a manifestation of a late effect of the condition,” such as a stroke? Is it six months?

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