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Casual Articles - Electronic Medical Billing Software and Service Compliance in Chiropractic Office
Once upon a time in a busy metropolitan area, there existed a vinyl siding installation company. Six crews worked for this company, so the owner was always on the hunt for new employees—mostly young people.One day, the owner hired a teenager. The young man was very excited to have a job. On the first day the new employee trained side-by-side with the disgruntled crew supervisor, who did not feel it was his responsibility to teach trainees. On day two the young trainee was left to himself to figure things out. On the third day th
Almost all interviews end with salary negotiations. This almost invariably is an indication that the employer is seriously considering hiring you. But unfortunately, many brilliant job seekers, including experienced ones, stumble at this step. Not getting it right at this point can result in you ending up on the losing side.You Can’t Negotiate Salary If…The success in negotiating for a higher salary lies in understanding and rectifying the lacunae on your part. At the same time, it also depends on the employer’s financial
The number of medical billing fraud investigations and enforcement actions has been steadily growing. For instance, according to BillingWiki, thirteen articles and news items were published on the topic of medical billing fraud during May of 2006. In addition to growing frequency of incidents, the severity of penalties has also escalated from relatively non-adversarial audits and occasional return of payments to fines, suspension or loss of license, and imprisonment.
Six out of thirteen news items and articles about medical billing fraud published in May 2006 involve chiropractors (BillingWiki/Compliance). The remaining items are distributed more or less evenly across such specialties as psychiatry, gynecology, neurology, orthopedics, and aged care. The growing frequency of audits and increasing severity of penalties are symptomatic of inadequate attention to billing complianc
How many times do you have to fail at something in order to succeed? Did you know that Thomas Edison failed 10,000 times while trying to invent the light bulb? He certainly had a learn and do attitude! He was able to turn each failed experiment into a successful way not to invent the light bulb. Therefore, what can we learn from this? You can adopt the fail forward strategy too.In reality, none of us are failures. It's true, we will experience times of defeat, setbacks, problems, and adversity, but remember, each one of us
The number of medical billing fraud investigations and enforcement actions has been steadily growing. For instance, according to BillingWiki, thirteen articles and news items were published on the topic of medical billing fraud during May of 2006. In addition to growing frequency of incidents, the severity of penalties has also escalated from relatively non-adversarial audits and occasional return of payments to fines, suspension or loss of license, and imprisonment.
Six out of thirteen news items and articles about medical billing fraud published in May 2006 involve chiropractors (BillingWiki/Compliance). The remaining items are distributed more or less evenly across such specialties as psychiatry, gynecology, neurology, orthopedics, and aged care. The growing frequency of audits and increasing severity of penalties are symptomatic of inadequate attention to billing complian
"We're just so busy and have too much on our plates, but we know we have to find time to measure performance - it's too important not to."Sound familiar? I've been hearing complaints like this more and more frequently over the last year or two. And you don't have to look too far to see the nasty consequences of trying to do too many things: half-baked strategic direction, most projects under-resourced, staff accumulating too much annual leave, flurries of activities and no-one knows which are working and which are a waste.
Six out of thirteen news items and articles about medical billing fraud published in May 2006 involve chiropractors (BillingWiki/Compliance). The remaining items are distributed more or less evenly across such specialties as psychiatry, gynecology, neurology, orthopedics, and aged care. The growing frequency of audits and increasing severity of penalties are symptomatic of inadequate attention to billing complian
The owners of any business, irrespective of the size, can benefit from incorporating. With the Tax Reform Act of 1986, the S Corporation became a highly desirable entity for corporate tax purposes. An S Corporation is a special tax designation granted by the IRS to corporations. Many small business owners and entrepreneurs prefer S corporation because it combines many of the advantages of a sole proprietorship, partnership and the corporate forms of business structure. One person can form an S corporation, but is restricted to no more
Six out of thirteen news items and articles about medical billing fraud published in May 2006 involve chiropractors (BillingWiki/Compliance). The remaining items are distributed more or less evenly across such specialties as psychiatry, gynecology, neurology, orthopedics, and aged care. The growing frequency of audits and increasing severity of penalties are symptomatic of inadequate attention to billing complian
In business you must develop a strong team and to do this properly you must be careful whom you pick to be on the team. Vendors are part of that team. It is not as easy as you might think picking vendors. Let me tell you a story. I take issue with some of our vendors who do not walk the talk. I visited several vendors in TX this month and found that their lack of image and un-kept shops and attitude about image was quite inferior to ours. I found that they did not have the same value set when it came to quality of uniforms, signage a
An insurance company typically performs post-payment audit by soliciting medical notes for a random sample of paid claims during the previous year. Next, the proportion of inadequate medical notes defines the overpayment percentage. The total amount of overpayment is then calculated by applying the overpayment percentage to all payments over the past six years.
Billing compliance is doctor's responsibility and ignoring it often results in practice ruin. To avoid billing audit risks, some doctors have elected to work on cash-only basis, collecting cash payments directly from the patients instead of submitting medical claims to insurance agencies. However, such tactics does not help avoid the potential audit because patients submit requests to pay the claim to the healthcare insurance company on their own.
Since the top two reasons for post-payment audits are over utilization of certain CPT codes and hot line calls by patients and staff, the best strategy to manage post-payment audit risk has three prong
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