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Articles and Tidbits to Help Concierge Physicians with Billing, Collections and Reimbursement
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Concierge Physician Resources - How to Respond to HMO/PPO Termination Threats Over Concierge Fees

Concierge Physician Resources - How to Respond to HMO/PPO Termination Threats Over Concierge Fees | Concierge Medicine Finance | Scoop.it

The burden of proof is often associated with the Latin maxim semper necessitas probandi incumbit ei qui agit, the best translation of which seems to be: "the necessity of proof always lies with the person who lays charges."

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AMA - Claim Workflow Assistant

AMA - Claim Workflow Assistant | Concierge Medicine Finance | Scoop.it

Use this tool to identify claims adjustment group, reason and remark codes that describe reasons for claim denials received on electronic remittance advices (ERA). Look up features include claims workflows, Claims adjustment group codes (CAGC), Claims adjustment reason codes (CARC) and Remittance advice remark codes (RARC).

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Five Tips to Better Manage Your Revenue Cycle

What is your current percentage of collections coming directly from patients? Greater patient deductibles, more high-deductible health plans, and increasing patient copays have pushed patient collectibles in many practices as high as 30 percent of overall collections — up from 10 percent to12 percent just a short five years ago.

 

Have you taken a serious look at how you are handling these private payments as part of your overall revenue cycle? It is vital that practices have systematic ways to address patient collections, in order to stay on top of their revenue streams. The following strategies can help your practice collect all that it is due:

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