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Overview: As the healthcare industry moves toward a value based reimbursement model rather than fee for service, it is crucial that the provider and ancillary staff understand how ineffective reporting can lead to dollars lost. We will review the 3 critical areas that require skilled management. Understand that patients are more educated about their healthcare and are increasingly responsible for more out of pocket costs. High dollar deductibles may result in self pay realities and bad debt increases. Learn areas that increase your chances for an audit. Are you ready for the challenge? Why should you Attend: Revenue is dependent upon proficiency in multiple areas. In today's environment, it is risky to maintain the status quo and increasingly important to obtain and maintain skilled business staff. The granularity of the ICD-10 code set requires understanding of the official coding conventions and guidelines, the ability to apply those guidelines, and the ability to recognize when reporting may lead to revenue delay, reduction or loss. Additionally, other factors affect your revenue stream. This includes patients with high deductible plans, collection of much more than a small co-pay, and staff understanding of regulations that govern telephone collection activity. Don't leave money on the table or invite an audit into your practice. Audits are often the result of weak billing and coding skills. This program will review several areas that will cost you money if poorly handled. Areas Covered in the Session: Required specificity in coding Documentation necessary for ICD-10 reporting Why coders must frequently query for clarification How ambiguous diagnosis reporting affects you r bottom line Internal collections versus outsourcing. What should you consider Staff effective in handling problem claims? Developing appeals? Who Will Benefit: Coders Billers Revenue cycle Physicians Mid-level providers Nurses Claims follow-up Managers Managers Speaker Profil

The process of credentialing safeguards patients' safety with an accreditation hat a physician is well-qualified to perform his duties. How this process goes and what laws should be there to protect the process.

The process of credentialing safeguards patients' safety with an accreditation hat a physician is well-qualified to perform his duties. How this process goes and what laws should be there to protect the process

Considering factors such as experience, services offered, data security, and communication will aid in selecting the best RCM outsourcing partner. Additionally, services like medical coding and provider credentialing can further optimize revenue cycles and contribute to the overall success of a healthcare practice.

Discover how our specialized services in Optical Revenue Cycle Management in New York can revolutionize your #healthcare financials. Learn about our expert Outsource Medical Coding Audit Services in the #US and Healthcare Provider Credentialing Services. Find out why healthcare providers selecting us for Revenue Cycle Management is the key to economic success.

P3 Healthcare Solutions has an aim to assist physicians with their billing problems. With the experience in hand, our specialists have come across with the following tips to help medical practices increase their business.

AMA recently released the new CPT codes for COVID-19 vaccines. Medical billing services can take notes of them to better accommodate the billing requirements.