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What is the No surprise Act 2022? Effective January 1st, 2022, the Federal No Surprises Act introduced new regulations for healthcare facilities, providers, and air ambulance services to safeguard patients against "surprise" medical bills. To learn more, Get in touch with us: info@medmaxtechnologies.com Toll-Free: +1-888-402-2631

What is GA Modifier? The #modifier signifies that an #ABN is in the file and permits the #provider to invoice the patient even if the patient is they are not covered under #Medicare. It is the GA Modifier is added on the claim with an appropriately executed advanced Beneficiary Notice (ABN) within the file. For more information regarding GA Modifier, Connect with us at: https://medmaxtechnologies.com/contact-us/ Contact us via email: info@medmaxtechnologies.com Toll-Free: +1-888-402-2631

What is a DRG code in the field of Healthcare? Prospective rates of payment determined by Diagnosis Related Groups (DRGs) are the foundation of healthcare reimbursement by Medicare. The DRGs constitute a classification system that provides an opportunity to connect the kind of patients that a hospital can treat (i.e., its mixture of patients) to the expenses paid by the hospital. To get more information about DRG code, Get in touch with us: https://lnkd.in/eyE2QEK Please email us: info@medmaxtechnologies.com or call us: +1-586-436-3761.

Five Best Tactics to Reduce Claim Denials You will quickly realize that the majority of claims denials can be avoided. Therefore, in this article, we've reviewed 5 top tactics to decrease claims denials. You'll be shocked to find out that nearly two-thirds of all rejected claims can be resubmitted, and only 35% are submitted again. Here are those tactics which will prevent you from claim's rejection: 1. Keep track of all our claims 2. Find common reasons for claim denial 3. Track your denial rate 4. Make sure you are constantly training your employees 5. Verify the insurance coverage prior to each visit To learn more, approach us through Email: info@medmaxtechnologies.com or Call at: 888-402-2631.

What is an A/B MAC (B)? A/B Mac (B) refers to #contractors that process #claims for ambulance suppliers billed on the #ASC X12 837professional claim transaction or a CMS-1500 form. To get more information, Connect with us: https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

Reduce Bad Debt, Increase Collection Upfront identification of Patient responsibility for payments reduces patient debts and improves #POS collections, besides improving Patient Satisfaction. We brings you a team of experts to help you accelerate your client's Accounts Receivable Cycle. Connect with our RCM experts: https://medmaxtechnologies.com/contact-us/ Call us at +1-586-436-3761 or Email at info@medmaxtechnologies.com

Medicare Requirements for Telemedicine Services #Medicare covers certain #telemedicine services performed by PAs, physicians, and certain other #healthcare professionals using real-time audio-visual #communication, such as #consultations, office visits, individual #psychotherapy and #pharmacologic management. To get more information, Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

Ask your billing staff or administrator to calculate your "net collection ratio" A 96% net collection rate is considered ideal across the industry. Anything below 95% clean claims ratio means your practice is losing revenue, which also indicates your medical practice is wasting further time reworking on rejected claims. To get more information about "net collection ratio", Connect with us:https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

Correctly choose between Eye Codes and E/M Codes Unlike other specialties, #ophthalmologists have two sets of codes to choose from for #ophthalmology billing. Check your diagnosis code(s), eye codes are more restrictive as to what diagnosis meets medical necessity, and the specific codes can vary by payer. E/M codes do not share those same restrictions. Use E/M codes for visits that have a medical element. If the exam is strictly visual and contains no medical elements, an eye code is the right choice. To know more about Eye Codes and E/M Codes, Get in touch with us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

Q8 Modifier The HCPCS Modifier Q8 uses it to reveal two class B results concerning routine foot treatment. The majority of the time, Medicare does not cover regular foot care. However, under certain conditions, routine services are covered if they are medically required. To know more about the Q8 modifier, Connect with us: https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

Extension of Medicare Reimbursement for Telehealth The Biden administration will expand Medicare reimbursement to doctors for specific #Telehealth services until the 2023's end. #CMS has expanded the flexibility of providers to obtain Medicare reimbursement for Telehealth in the beginning of the COVID-19 epidemic. To get more information, connect with us: https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

What exactly is Prospective Payment System Healthcare? A Prospective Payment System (PPS) is a reimbursement method where Medicare payments are made according to a predetermined, fixed amount. The amount that is paid for a specific service is calculated by analyzing the classification system used for the particular service. To learn more regarding our #PPS healthcare, connect with us at: https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.