by Mary Pat Whaley | Apr 11, 2013 | Collections, Billing & Coding, Medicare & Reimbursement, Medicare This Week
CMS has clarified the Place of Service (POS) codes that Physicians/Providers are to use on claims for services to patients starting April 1, 2013. This is more than a simple technical requirement, however. The correct place of service is directly tied to how much a...
by Mary Pat Whaley | Apr 9, 2013 | Day-to-Day Operations, Finance, Innovation
I get pitched new products and services every day and it is pretty rare that I hear of something that is startlingly new. Informedika is just that – it addresses an old, old problem for practices in a new way. Continue reading for a very interesting interview...
by Mary Pat Whaley | Mar 27, 2013 | A Career in Practice Management, Collections, Billing & Coding, Day-to-Day Operations, Medicare & Reimbursement
There’s a lot of talk today about how physicians (and other care entities) are paid. This slide deck discusses how the system used predominantly today (RBRVS) to pay physicians came to be and how Medicare and other payers calculate a payment. Download this Slide...
by Mary Pat Whaley | Mar 26, 2013 | Collections, Billing & Coding, Day-to-Day Operations, Finance
If you could improve your patient collections from $600 a week to $6000 a week, would you do it? Of course you would! These numbers are from a Manage My Practice client who is collecting between $2500 – $3000 per day in a solo primary care physician practice...
by Mary Pat Whaley | Mar 24, 2013 | Collections, Billing & Coding, Day-to-Day Operations, Finance, Headlines, Innovation, Physician Relations, Practice Marketing
Most readers know that I have a special interest in helping physician practices survive and thrive, and have been writing recently about different models of care that physicians are adopting to make private practice financially viable. Here’s an interview with...
