by Mary Pat Whaley | Oct 9, 2011 | Collections, Billing & Coding, Compliance, Finance
If you’ve read parts 1 (Know Your Payers) and 2 (Implementing Your Financial Policy) of this series, you are ready to consider a financial assistance policy for those patients without insurance. Patients without insurance fall into one of three...
by Mary Pat Whaley | Oct 6, 2011 | Collections, Billing & Coding, Compliance, Finance, Learn This: Technology Answers, Medicare & Reimbursement
Just in case you haven’t had a chance (what have you been doing?) to focus on the January 1, 2012 deadline for the transition to 5010, take 5 minutes to read this post and make sure your healthcare group is on track. It is critical to have NO interruption in...
by Mary Pat Whaley | Oct 3, 2011 | Collections, Billing & Coding, Finance
I have known of Transworld Systems for almost as long as I’ve been in healthcare – a long time. But it wasn’t until I got to know Karen Cooper from Transworld Systems that it came home to me what a difference a company representative can make in the...
by Mary Pat Whaley | Oct 1, 2011 | Learn This: Technology Answers, Memes
For the organized and busy professional on the go, the smartphone has quickly become a necessity on par with a persons house keys, wallet, or purse. The past five years have vaulted the smartphone from status symbol to must-have business tool by bringing data and...
by Mary Pat Whaley | Sep 26, 2011 | Collections, Billing & Coding, Compliance
A write-off is an amount that a practice deducts from a charge and does not expect to collect, thereby “writing it off” the accounts receivable or list of monies owed them by payers or patients. There are lots of reasons why write-offs are taken, and it is...