by Mary Pat Whaley | Dec 2, 2012 | Collections, Billing & Coding, Day-to-Day Operations, Medicare & Reimbursement, Medicare This Week
The Part B Medicare deductible for 2013 is $147.00. What should you do with this information? You should avoid taking a big financial hit in the first quarter of 2013 by collecting deductibles at time of service. How do you do that? Let all patients know in advance...
by Mary Pat Whaley | Sep 13, 2011 | Collections, Billing & Coding
In Part 1 of this series we explored payers. Now it’s time to develop your financial policy. This is your foundational document for everything that happens with patient financial interactions. Your financial policy will confirm for patients and staff what your...
by Mary Pat Whaley | Aug 24, 2011 | Collections, Billing & Coding, Day-to-Day Operations, Finance, Innovation
In a traditional healthcare setting, the revenue cycle begins with the insurance companies who pay the majority of the bill. There are multitudes of payers and each payer can have many plans. How can a healthcare organization catalog this information, keep this...
