Healthcare Practice Management

Medical Billing Professional Groups and Associations – A Useful Tool

by Nitin Chhoda PT, DPT | Aug 29, 2013 | Electronic Medical Records, Medical Billing, Physical Therapy Billing, Physical Therapy Software

Professional groups are an important element for medical billing specialists. They provide professional information, support and assistance, allowing billers to remain cognizant of rules, regulations and changes within the profession. In this informative article, Nitin Chhoda examines the advantages of biller-related associations and groups.

Education Opportunities

There are a number of organizations with a focus on the medical billing profession.

The groups offer an extensive array of services, from classes to achieve certification to continuing education for those who have already attained employment.

The organizations advocate for higher wages and conditions within the work place.

Many classes are provided online, allowing medical billing staff to study when it’s convenient without interrupting their employment. Those working to become certified medical billing professionals can attain their credentials through accredited classes and programs.

Aspiring billers can familiarize themselves with terminology, legal issues, anatomy and physiology, and dealing with payers.

Industry Changes

Standards can change quickly within the profession and the groups distribute industry information to help medical billing professionals keep abreast of the latest updates and changes. One of the most important changes is the transition from ICD-9 codes to ICD-10 coding and billers can learn how the changes will affect them, accepted medical billing practices and the benefits. Some groups even provide online trainers, along with in-depth information on maintaining HIPAA-approved security.

Conferences, Conventions and Supplies

Professional medical billing associations conduct an extensive number of conferences, conventions, seminars and webinars, and exhibitions on all aspects of the industry. The special events provide medical billing people with information and demonstrations on new products, methods and industry trends, along with educational opportunities and technology.

Budding billers have access to starter programs, medical billing software, and practice programs to familiarize novices with the type of forms and information with which they’ll be working. Books and manuals on HIPAA compliance and associated computer tools are offered.

EMRs and Technology

The Affordable Health Care Act has mandated the use of electronic medical record (EMR) technology to maintain patient records and facilitate medical billing. Professional biller organizations offer extensive data on EMRs, their benefits and information on what to expect when working with the integrated software systems.

Professional medical billing associations and organizations assist individuals obtain credentials and provide ongoing information on all facets of the profession.

The groups provide essential services and products for billers at all levels of expertise.

The groups are committed to providing recognition for member contributions, continuing education, networking among peers and advocating for wages appropriate to the individual’s level of education and experience. They’re important resources for those considering a career in medical billing and those who are already professionals in their field.

Billers Working With Payers: Your Pain, Their Gain

by Nitin Chhoda PT, DPT | Aug 26, 2013 | Medical Billing, Physical Therapy Billing, Physical Therapy Documentation

Billers work hard to collect the reimbursements to which clinicians are entitled and healthcare insurance providers work equally hard to delay or reduce those payments.

It requires more data, phone calls and effort on the part of billers to collect even basic amounts. In this revealing article, Nitin Chhoda examines the insurance game and how to be on the winning side.

Insurance companies are in business to make money. When they make reimbursements, they view it as losing money.

As a result, insurance companies have reduced the amounts they pay medical providers for services, have become inventive at delaying reimbursements, and adept at utilizing a variety of techniques to deny payments.

EMR Assistance

Reasons for rejections come in many forms and electronic medical record (EMR) software is the first step in combating short or rejected payments. The software systems transmit claims electronically, ensuring they arrive at clearinghouses promptly and provide billers with an ongoing status record of each claim submitted.

EMRs can detect potential problems that could result in a rejection, allowing billers to submit clean claims that are processed quickly. The systems aid billers in submitting the appropriate forms to the correct clearinghouse and alert billers when a claim has been accepted or rejected. EMRs provide billers with a complete system for claim management.

Learning the Ropes

The techniques used by insurance companies to deny claims or pay at lesser rates are designed to keep money in their coffers for as long as possible. Quick submissions combined with meticulous documentation are essential when submitting claims and disputing rejections.

Collecting full and timely payments is much like a cat and mouse game, but billers that learn the “rules” are able to collect reimbursements quickly and cleanly that requires a minimum of follow-up.

Winning the Insurance Game

Dealing with insurance companies isn’t for the faint of heart. Denials can be issued for legitimate reasons, such as using the wrong form, not including sufficient documentation, a clerical error or a glitch in clearinghouse software. Organization and quick attention to denials often result in a successful conclusion.

Billers must submit claims within 72 hours whenever possible. If the problem is insufficient payment, an error can be corrected and the claim resubmitted. It’s important that the payer is aware that the claim isn’t a duplicate.

Submit documentation to specify what the error was and the correction. Another beneficial tactic is to submit claims ranked by charges and don’t include documentation unless asked. The needed information is included in the claim.

If attempts to rectify the problem are met with silence or delays, make the patient an ally. Inform the client and let him/her take the battle to their insurance company for a quick resolution.

Policy holders expect their insurance company to pay for appropriate expenses and not leave them holding the bag. Unhappy customers talk to others and insurance companies don’t want to lose clients.

Quick medical billing claim submissions, EMRs and enlisting the assistance of patients are legitimate means of winning the reimbursement game with insurance companies that procrastinate and underpay. In most situations, the payer holds all the cards, but billers can turn the tables and make the payer’s pain the clinician’s gain.

How Clearinghouses Can Save You Time and Money

by Nitin Chhoda PT, DPT | Aug 23, 2013 | Medical Billing, Physical Therapy Billing, Physical Therapy Documentation

Practitioners of the medical arts are always seeking ways to reduce costs while continuing to provide the best level of patient care possible.

Three ways that practices can accomplish this is by contracting with the best payers, utilizing clearinghouses to process claims, and implementing an integrated electronic medical record (EMR) system. Nitin Chhoda examines the advantages and savings for clinicians in this informative new article.

Millions of reimbursement claims are transmitted digitally each day via EMR technology. They arrive at their destinations in real time and each is documented by one of several clearinghouses located throughout the nation.

Technological advances have done away with the need for postage stamps, paper claims and waiting weeks for approval or denials.

Secure Transmission

Electronic data interchange (EDI) allows practices to transmit reimbursement requests and supporting documentation to clearinghouses in a secure format that meets HIPAA requirements. It’s part of the abilities inherent in EMRs.

Billers can verify electronically that clients have met their responsibilities for any co-pays to help speed the claim along.

Destination Locations

Practitioners contract with insurance companies for payment and all submissions are sent to a specific clearinghouse where they’re scrubbed for any errors or mistakes. Clearinghouses handle a multitude of claims each day and clean claims are forwarded to the appropriate insurance company for payment. Clearinghouses and billers work together to meet the specific formatting requirements of each payer.

Clearinghouses deal with multiple medical providers and insurance companies at once, eliminating the need to bill each insurance company individually. Some charge flat fees or a fee per transaction for claims that are processed. The benefits far outweigh the costs, providing clinicians with a quick and reliable way to transmit claims, verify receipt of those claims, track their status and monitor payments.

Collecting Payments

Working with clearinghouses ensures that reimbursement claims are dealt with quickly for faster payment to physicians. Reimbursements can be electronically transferred to practice accounts in as little as 10 days.

Medical billing team and practitioners should keep in mind that even after a claim has been scrubbed at the clearinghouse it may still be rejected by the insurance company.

It’s the job of insurance carriers to find ways to deny claims. It’s how they make money. When a dispute arises, EDI allows practitioners to quickly discover why a claim was rejected and provide any additional documentation.

Billers can refer to the contract terms between the clinician and the payer and initiate communications to rectify any problems.

Clearinghouses work with multiple payers and millions of claims each week, speeding reimbursements on their way to their appropriate destination, saving practitioners time and money. They assist in verifying and sorting claims, allowing clinicians to collect reimbursements quicker than ever before and are an essential element in the payment process.

Claim Reimbursement — The Billing Scenario

by Nitin Chhoda PT, DPT | Aug 20, 2013 | Electronic Medical Records, Physical Therapy Billing, Physical Therapy Documentation

Building a clean claim is a concerted effort. It begins with the office staff that gathers demographic information and comes to fruition when the funds are deposited in the practice’s account.

Much can happen to a claim on its way to becoming a payment and in this informative article, Nitin Chhoda provides unique insights into the pitfalls that face even perfectly prepared claims and elements that affect payment.

Where’s the Claim?

Aside from coding errors, reimbursement claims can go awry in many ways. The insurance provider may not be known at the clearinghouse or the clearinghouse software may glitch and submit the claim to the wrong provider.

In some instances, the payer may not be using electronic medical records (EMRs) software necessitating submission of a paper claim.

Verifications

Practices that utilize EMR technology receive a report in real time when a claim has been submitted. These receipts provide billers with critical information in the event of a problem. Occasionally, a claim will appear to vanish into the ether.

Clearinghouse reports tell billers when the claim was received, its status and if any problems were identified. If payment isn’t received in a reasonable time or it doesn’t appear on the biller’s daily verification, that data be used to track down the claim and rectify any problems.

Reimbursement Amounts

The whole point of submitting claims is to get paid, but the amount charged can conflict with what the payer is willing to reimburse. When differences occur, billers can easily refer to the contract the clinician has with the payer to define the reimbursable amount.

CTP codes are assigned a relative value that determines reimbursement amounts, derived from the Resource Based Relative Value Scale (RBRVS). The value assigned is based on the work required, the cost of maintaining a practice and the malpractice/liability for which the practitioner is responsible.

A formula is then employed that takes into account geographical locations to calculate the reimbursement rate.

Prioritizing

Some contracts are RBRVS based, some aren’t, and the differences in each can be immense. Depending on how the contract is written, procedures may be paid based on RBRVS standards or discounts applied for secondary procedures done at the same time.

Some may be paid at a higher rate determined by prioritization, while others are billed according to expected payment. If the contact doesn’t state which procedure is prioritized, it’s up to the biller.

The Deciding Vote

The ultimate decision lies in the hands of the company that provides the patient’s healthcare insurance. Once the clearinghouse completes its search for errors, it forwards the claim to the payer. When reimbursements are less than expected, billers must refer to contract terms to obtain the maximum payment allowed.

Many hazards await claims, from submission to the wrong payer to glitches in clearinghouse software.

EMRs facilitate the process by submitting claims in real time and documenting receipts from the clearinghouse.

Billing specialists can help clinicians boost revenues by carefully monitoring claims and referring often to contract details. Practitioners must negotiate their contracts carefully to ensure their services are adequately reimbursed.

What to Look for (and be Wary of) When Choosing Billing Software

by Nitin Chhoda PT, DPT | Aug 2, 2013 | Electronic Medical Records, Medical Billing, Physical Therapy Billing, Physical Therapy Software

Billing software will play a large part in the success of the billing process and getting paid. As an early implementer of medical software and an expert on electronic medical record (EMR) technology, Nitin Chhoda addresses what clinicians should seek in medical billing software.

The goal is to bill accurately and quickly. Ordinary billing software will work, but an EMR is recommended. It’s the new standard in medical billing software.

EMRs have functionalities ranging from submitting more clean claims to verifying patient insurance coverage. Billing software allows clinicians to collect payments quicker and provide an enhanced level of patient care.

Cost

Medical billing programs can cost from $500 to $5,000. The cost of an EMR that is integrated with billing software can reach $50,000, but the good news is that comprehensive EMR systems are available for free. Due diligence should be exercised and sufficient research conducted before purchasing any program.

Digital Delivery

While some insurance companies still require paper claims, the vast majority use digital delivery. Using billing software is fast, efficient and transmits claims to their destination in real time, allowing practitioners to get paid in as little as 10 days. It’s a requirement for government-operated insurance programs that include Medicare and Medicaid.

Communication

Today’s patients communicate in a variety of ways, from old-fashioned mail to voice messages. It’s critical for a practice’s billing software to be able to do the same. Billing programs should have the ability to contact clients by voice and text message, mail, phone and mobile device and email.

Access On the Go

Billing software places all of a patient’s information in a central location, but the programs also provide users with the ability to access client information from any location where an Internet connection is available.

Billers can update information from multiple locations, a particularly useful feature for practitioners with more than one office and those who participate in corporate wellness programs.

Integration

Even though an integrated EMR can take the place of virtually any office system, some clinicians are enamored of their existing programs and can’t bear to part with them. Any billing software program should integrate smoothly with other systems already being used in the office.

Clean Claims

A good billing software program significantly reduces the possibility of claim errors by identifying common mistakes before the reimbursement request is sent. Clean claims can be submitted to clearinghouses that are processed quickly and efficiently for quicker payment collection.

Tech Support

A key feature of medical billing software is the ability to access tech support 24/7. A bug or glitch in the software program can mean significant losses for the practice and payment delays. Billers should be able to work with tech support any time of the day or night to fix problems.

Compliance

Maintaining HIPAA compliance is serious business and billing software helps practices avoid running afoul of state and federal regulations. Patient information is confidential and billing software assists users ensure that data and submissions are transmitted securely.

Billing software runs the gamut from basic systems to those with a comprehensive array of built-in abilities. Don’t purchase the first system that’s explored.

Do take time to examine each billing software program to ensure it will grow along with the practice and can be customized to accommodate the individual needs of the clinic.

Medical Terms Talking the Talk and How to “Get” Them, Part 1

by Nitin Chhoda PT, DPT | May 22, 2013 | Physical Therapy

Nitin Chhoda shares how to use prefixes, suffixes and roots to determine the anatomy of medical terminology.

Thanks to a diversity of TV programs, some medical terms have found their way into common usage.

Most people know the meaning of IV and stat, but medical terms are notoriously difficult to spell and decode, making it essential that a medical billing and coding specialist has a working knowledge of the terminology used within the practice.

They can accomplish that by learning the three-part combinations that comprise medical terms.

Medical Terms Are a Combination of Prefixes, Suffixes and Root Words
Medical terminology is comprised of prefixes, root words and suffixes stemming from Greek and Latin. Prefixes appear at the beginning of words. The pre means before, as in preschool, but the prefix can also be used to designate a location, number or time.

The root portion of a medical term forms the central part of the word. An example would be the word premature, as in premature aging. Mature is the root word and the “pre” suffix is used to indicate an individual is demonstrating symptoms of aging that’s at odds with the subject’s chronological age.

Suffixes are used at the end of a word to change the meaning, as in hopeless. It means the absence of hope and reverses the entire meaning. It’s often used to describe a condition, disease, disorder or procedure.

Root words, prefixes and suffixes are combined to create medical terms. Broken down into its component parts, the term myocarditis translates into muscle heart inflammation – or inflammation of the heart. An idiosyncrasy of medical terminology is that the words can be somewhat out of order from what most people are used to seeing.

Prefixes of medical terms work independently of root words and specific prefixes will always refer to one thing. For example, the prefix endo will always refer to inner. It’s essential for billing and coding specialists to be familiar with common prefixes and suffixes used in medical professions.

It’s also helpful to know something of anatomy, as many terms refer to a specific area of the body.

A Tried and Tested Technique for Learning Medical Terms
The best way students in all branches of the medical profession have devised for learning medical terminology is to learn groups of three roots, prefixes and suffixes.

For those with a limited knowledge of anatomy, it helps to learn the root words of common body parts and then associating prefixes and suffixes with a specific part of the body.

Medical terminology sounds extremely complicated, but many people have heard and retained information about medical terms without even realizing it.

Some even use the terms, but without fully understanding how prefixes and suffixes reflect a diagnosis. Learning a few medical terms at a time is more effective than trying to memorize dozens all at once and suffer information overload. Those who approach the task by learning small groups will be surprised at how fluent they become in a very short time.