Ever have a claim denied that left you scratching your head? The remittance advice referenced your diagnosis codes, but all of the codes are valid. But are the codes valid together? Understanding Excludes 1 and Excludes 2 can help prevent unnecessary claim denials.
Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through December
The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the sequestration payment adjustment percentage of 2% applied to all Medicare Fee-for-Service (FFS) claims from May 1 through December 31, 2020.
End of Day Procedures
One of the most important procedures in keeping your financial system running smoothly is to make sure that each penny and service is accounted for at the end of the day. Don’t put until tomorrow what you should do today.
Documenting Compliantly for Your Audience
Documentation shouldn’t take all day! But how do you know what is too much and what isn’t enough? Learn who your audience is to protect and safeguard your practice finances and remain productive by not spending all day creating one note.
Overpayments, can I just keep the money?
All monies in the office must be properly accounted for to the penny. Make sure you know how to properly manage patient credits for compliancy in your office.
External Cause Codes
Learn when and how to use external cause codes to tell a better story of the mechanism of injury