Best Practices in Podiatry – Medical Billing and Coding
Podiatry billing can be complicated in many ways – beginning with the need to determine and prove the medical necessity of the treatment, to the many nuances of medical coding. It demands meticulous use of modifiers and an understanding of coding for inclusive procedures. In this guide, Medical Billing Wholesalers bring you the guidelines & best practices to be followed to increase collections for your Podiatry practice.
Understanding Commonly Used Modifiers and Their Impact On Reimbursements
According to the AMA and the CMS, a modifier provides the means to report or indicate that a service or procedure has been performed and altered by some specific circumstance but not changed in definition. Healthcare practices tend to suffer from aged accounts, write-offs, and revenue leakage if they do not have a firm grip on the use of modifiers. In this article, we bring you the common modifiers in medical billing & their applications.
Case Study: Transforming the Financial Performance of a Podiatry Practice through Correct Coding and Electronic Claims Submission Denials reduced by 23% and Collections improve by 25%
Bad quality scanning of superbills and lack of adoption of electronic claims submission creates a charge backlog situation and consequently, result in increased denials on account to timely filing dates not being adhered to. Read this case study about how our structured approach, technical expertise, and revenue cycle process rigor combine to create value for our client.
Industry News
- Cigna adds 25,000 physicians to network as Medicare line grows
- 4 million join Medicaid, CHIP amid COVID-19
- MedPAC supports changing how MA plans are paid
- Industry Voices—AI doesn't have to replace doctors
- Non-COVID-19 Hospital Admissions Have Only Partially Rebounded
- Chronic Care Management Code Use Increases, But Uptake Still Lagging
- Staying Financially Healthy - Hospitals Must Protect Revenue Cycle Capabilities to Limit COVID-19's Financial Fallout
- Preventing Avoidable Hospitalizations During COVID-19
- Improving Patient Collections in the Emergency Department, High-Volume Clinical Environments
