February 2009
INSURANCE ISSUES
Insurance Verification…Best Practices
The best practices are using a process to verify the patient’s insurance coverage (i.e., co-payments, deductible and co-insurance). This information may not be known at the time of visit by all patients.
COMING SOON!!!
Introducing OUR NEW MEMBERSHIP WEBSITE
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Machelle Giordon, Credentialing Specialist
MEDICARE REVALIDATIONS-Is your Practice Ready? By Machelle Giordon
Is your practice prepared for the upcoming Medicare Revalidation Process? Medicare will soon begin sending out notices to practices requiring revalidation of enrollment forms. Many practices have not updated their records with Medicare for many years. When an application was made to obtain an NPI number, the federal tax identification number was most likely submitted as part of the records. As a result, the number on the application did not match the record on file with Medicare.
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OFFICE
TIPS
Talking to Patients Regarding Financial Responsibilities When a new patient makes an appointment. “Payment is due a the time of service, unless you bring your current insurance card, in which case, only the co-payment and deductible amount will be due” |
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EVENT SCHEDULE OSMA 6/23/09 EHR University Demo-All Scripts-Webinar 6/24/09 Physicians Documentation of E&M
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| PRACTICE MANAGEMENT |
Pat O'Sullivan, President TO JOIN OR NOT TO JOIN? Is Private Practice dying a slow death in this country?
I hear the question often in my consulting business and I must say, being an entrepreneur myself, I am biased. Over the many years working with physicians, they have a tendency to be independent and not typically “joiners.” Having said that, I have also assisted many clients (and friends) in making that decision away from independence to join a group or become a hospital employee.
I think there will always be private practice in this country, although the “mega systems” might disagree. Remember, we have seen this wave of purchasing practices come and go before. Read More
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