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Difference between Calendar Year vs Policy Year The calendar year experience looks at losses from claims made during a specific year (emphasis on "loss"), and the policy year experience looks at how a specific set of policies-those that come into effect during the year-are exposed to losses (emphasis on "exposure"). To Learn More, reach us at +1-586-436-3761 / info@medmaxtechnologies.com To Get a Free Billing Quote: https://medmaxtechnologies.com/contact-us/

Tips for keeping your Practice in business during the COVID-19 Pandemic We shared four simple ways which will help you in keeping your practice profitable during this pandemic. Learning from and implementing these four steps can get you on the road to success with optimal cash flow now and in the coming days. 1. Get Maximum out of Telehealth 2. Focus on Front End Operations 3. Don't Leave Money on Table 4. Take Financial Help Know how can you boost your Revenue in Pandemic, Connect with us at info@medmaxtechnologies.com / +1-586-436-3761.

Prevent Revenue Leakage in Your Practice! Don't let revenue leakage diminish the financial health of your practice. To learn more about our commitment to excellence and performance for medical practices and healthcare providers, connect us at info@medmaxtechnologies.com / +1-586-436-3761. We're committed to leveraging advanced RCM services, innovation and carry extravagant expertise to help every client maximize reimbursements and eliminate profit loss.

Do you know the Code for Specialty Care Transport (SCT)? #HCPCS code #A0434 for Specialty Care Transport (SCT) which is managed by the #CMS is part of the umbrella of #Ambulance as well as Other Transport Services and Supplies. SCT is the hospital-to-hospital transport of an injured or sick patient by ground ambulance. To learn more about Specialty transport for care, get in touch with us at: https://medmaxtechnologies.com/contact-us/ Email us: info@medmaxtechnologies.com or Call us: +1-586-436-3761.

KX Modifier The KX modifier indicates that all medical policy and documentation requirements have been met and that billed item is reasonable and necessary. Review the specified LCD and policy article to determine the medical policy and documentation requirements. Learn More about KX Modifier: https://medmaxtechnologies.com/contact-us-now/ Contact us: info@medmaxtechnologies.com / 888-402-2631.

Understanding PAR and non-PAR Providers with Medicare The major distinction between PAR and non-PAR provider is in the manner in which fees are taken. Physicians can switch their designation from non-PAR to PAR or in reverse each year. Learn More about PAR and non-PAR Providers: https://medmaxtechnologies.com/contact-us-now/ Contact us at info@medmaxtechnologies.com / 888-402-2631.

Indication of Modifier 24 Modifier 24 indicates an unrelated evaluation and management service by the same physician or other qualified healthcare professional during a postoperative period. In this scenario, the physician may need to specify that an evaluation and management service was performed during a postoperative period for a reason(s) unrelated to the original procedure. This circumstance may be reported by adding modifier 24 to the appropriate level of E/M service. To learn more, approach us: https://medmaxtechnologies.com/contact-us-now/ Contact us : info@medmaxtechnologies.com / 888-402-2631.

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

Benefits of Outsourcing DME Billing to Improve Your Revenue The most time-consuming and resource-intensive tasks for DME providers involve obtaining the payment details from Medicare and other insurance companies. There are five advantages to outsourcing DME billing services that will help you save time and money: 1. Less Billing Errors 2. Increased Revenue 3. Reduced Overhead Costs 4. Compliance and Data Security 5. Higher Patient Satisfaction There are numerous benefits of outsourcing DME billing services. Contact Medmax's team: +1-888-402-2631 learn how DME billing services can grow your revenue: info@medmaxtechnologies.com

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.

Telemedicine v/s Virtual Care #Telemedicine refers specifically to the treatment of various medical conditions without seeing the patient in person but #VirtualCare is a broad term that encompasses all the ways healthcare providers remotely interact with their patients. Telemedicine may include giving medical advice, walking them through at-home exercises, or recommending them to a local provider or facility but Virtual Care include checking in after an in-person visit, monitoring vitals after surgery, or responding to any questions about their diagnosis, condition or treatment plan. Incase of any query related Telemedicine or Virtual care, click at: https://medmaxtechnologies.com/contact-us/ To learn more, Email at info@medmaxtechnologies.com or Call at +1-586-436-3761.