Fee System Simplified A Fee System has two major components, the actual fee and the discounted fee. The image below provides an overview with helpful descriptions to assist with understanding how both imposed and elective discounts fit into this system.
Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes.
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Most financial compliance violations are the result of good intentions combined with lack of understanding. While not intended to be an all-inclusive, we will consider some of the relevant areas of concern. Dual Fee Schedules A “dual fee schedule” is defined as charging a group or insurance company more than patients who pay cash. The…
Certified Chiropractic Clinical Assistant Training is now available as part of Library Membership! This official training is for those who wish to certify through the Federation of Chiropractic Licensing Boards (FCLB). The KMC University Library is an online resource for chiropractors and their teams that provides access to a vast array of educational materials and resources related to Medicare, documentation, billing, coding, compliance, and the business aspects of running a chiropractic practice. It can help chiropractors and their teams stay up-to-date on the latest regulations and best practices, as well as save time and money by avoiding costly mistakes.
Click here to learn more.
Most practices offer some kind of professional courtesy to certain groups. Perhaps team members receive fee chiropractic care, or the doctor’s family members are treated at no cost. Sometimes, group discounts are provided for clergy, or first responders, or fellow physicians. The discounting rules allow for professional courtesy, but when not properly implemented, this is…
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It’s no secret that KMC University loves ChiroHealthUSA…and the safe and legal options it provides for practices that wish to offer discounts to uninsured, underinsured, or partially insured patients. Get to know this great company by watching this short video from our friends at ChiroHealthUSA. Then download, save, and review the Support Tool that illustrates…
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Our friends and partners at ChiroHealthUSA share these quick, informative videos that outline key instructional points about the “why” behind the compliance issues that arise from a broken fee system. The risks that come with improper fee systems are unnecessary exposure when creating and maintaining a compliant fee system. Review these quick tutorials and be…
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Medicare Collections FAQs Q: Can we offer Medicare patients our time-of-service discounted fees? A: A reasonable time-of-service discount on services that are patient responsibility doesn’t violate any regulation depending on the amount of the discount, how your policy reads, and other factors. For example, that would include statutorily non-covered services and maintenance care for which…
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