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Dealing with Medicare and Medicaid Overpayments : Medicare and Medicaid overpayments are pretty common. If they are not dealt with properly, they invite penalties. Medicare and Medicaid Overpayments happen when a person, provider or supplier receives a payment that is in excess of the amount due to him or her under Medicare statutes and regulations. This overpayment becomes a federal debt that is owed by the individual to the State. So, Centers for Medicare and Medicaid Services (CMS) is required by federal law to recover this amount. Overpayments routinely occur in Medicare and Medicaid. Many a time, these are unintended and are usually a result of oversight, but could also happen due to intent. Some of the most common reasons for which Medicare and Medicaid overpayments occur can be when: Duplicate submissions of the same service or claim are made Excessive or non-covered services are billed or furnished for billing Services that are not necessary medically or are excluded are paid for The wrong payee gets paid. How are Medicare and Medicaid overpayments processed? Obamacare has amended the federal False Claims Act (FCA), which is part of the Fraud Enforcement Recovery Act of 2009 (FERA), to add provisions relating to recovery of Medicare and Medicaid overpayments. This is how the process of Medicare and Medicaid overpayments works: Whenever Medicare comes to know that any overpayment of $10 (raised to $25 from July 2014) or more is made, it directs the Medicare Administrative Contractor (MAC) to initiate the process of recovery of this overpayment. The MAC starts the process by initially mailing a demand letter in which repayment is requested If no action is taken, a second and third demand letters are mailed in a month following the first one. Contents of a demand mail from Medicare/Medicaid: The demand letter sent by the MAC will explain the details of the Medicare and/or overpayment. When repayment is not made in full within 30 days, interest starts get

Here are ten steps of claims submission via medical billing services to speed up the medical billing and coding process. Take notes and improve your revenue cycle management.

Here are ten steps of claims submission via medical billing services to speed up the medical billing and coding process. Take notes and improve your revenue cycle management.

Here are ten steps of claims submission via medical billing services to speed up the medical billing and coding process. Take notes and improve your revenue cycle management.

Unlock insider tips for healthcare providers on streamlining revenue cycle management! Learn how to optimize insurance claims submission, maximize reimbursement efficiency, and navigate regulatory compliance with expert insights. Instapay Healthcare Services is here to support your medical billing needs.

In the business world as well as in the healthcare field growth is good. However, with growth comes a unique challenge; which may or may not be solved. Even though an evolving or growing medical facility services may not change, the internal processes related to claims submission, income cycle, billing and coding and revenue cycle management need a serious overhaul in order to stay efficient and sustainable as they scale up the operation.

Physicians Revenue Group Inc. offers revenue cycle management services in Houston. We help medical practices with effective claim submission approach to ensure fast reimbursements. Our revenue cycle management services in Houston help you to optimize revenue cycle process to achieve financial stability.

InstaPay Healthcare Services is a leading medical billing and coding service provider in New York. We specialize in charge capturing, claim submission, and denial management services. Our team of experienced healthcare providers ensures timely and accurate account receivable management.

Looking for reliable Allergy and Immunology billing services? Instapay Healthcare Services guarantees efficient coding, seamless claim submissions, and optimized revenue

Struggling to keep up with the complexities of cardiology billing? We understand the challenges you face, and we're here to help! Introducing Instapay Healthcare, your trusted partner in streamlining billing processes for cardiology practices. Our cutting-edge solutions ensure: ✅ Faster claim submissions ✅ Minimized errors ✅ Maximization of reimbursements Say goodbye to billing headaches and hello to efficiency! Our personalized support team is dedicated to ensuring a seamless integration with your existing systems. But don't just take our word for it! Hear from satisfied clients who've experienced the Instapay difference firsthand. Ready to optimize your cardiology billing? Contact us today and let's revolutionize your practice together! Fax:- 9179607960

Are you an ophthalmologist looking to streamline your billing process and focus more on patient care? Look no further! Instapay Healthcare Services offers specialized ophthalmology billing services tailored to your practice's unique needs. Our team of experts understands the complexities of eye care billing, from accurate coding to timely claim submissions. With Instapay, you can optimize your revenue cycle management and minimize billing errors, all while saving time and resources. Don't let billing challenges hold your practice back. Trust Instapay Healthcare Services to handle your ophthalmology billing needs with precision and affordability. Fax:- 9179607960

Whether you are running a small practice or an extensive practice, you need proper medical billing procedures to generate revenue. Millions of dollars are lost in the US healthcare industry due to errors in claims, inaccurate insurance coverage or because of non-submission of claims

InstaPay Healthcare Services is a reliable provider of medical billing and coding services that can help healthcare providers focus on patient care while leaving billing and coding to the experts.

Revenue cycle management is a major part of a clinician's journey in healthcare. It affects their performances if there are unnecessary delays in the claim submission process as each step of the process has to occur in a timely fashion for revenue optimization.

Being a medical practitioner is quite a demanding job in itself. You have to make time for your patients, run your practice, ensure each patient gets the appropriate time, etc. Adding administrative duties on top of all this will just make your job harder. It is where medical billing service providers come into play. They can take that load off and make sure that you can handle your primary responsibilities without stressing about the data collection, billing, insurance claims, and other such things.

We have a list of the top medical billing services in America that are known for their quality billing and HIPAA-compliant billing software.