Archive for the Week of July 21, 2005
Archive for the Week of July 21, 2005
Welcome to the medical billing blog archive for the week of July 21, 2005.
Here you will find links to every article added to the Outsource Management Group web site during the week of July 21, 2005.
You can browse this week's archives by clicking the "More" button from any of the excerpts below.
Medical Billing – Outsourcing
Medical Billing – Outsourcing To outsource or not to outsource that is the question. Your practice is growing and busy. Your staff is very busy servicing incoming patients, answering busy phone calls, and whatever the crisis du jour might be in your office that day. Life can’t be planned, as a physician you know that more than most. You don’t have time for coding errors, which when you do your own medical billing and coding, unfortunately are a fact of life. Most coding errors are just that, plain old human error. When your staff gets rushed and distracted from what they are doing, and it happens in the most well …
Is DME A Profitable Venture?
Is DME A Profitable Venture? Until recent years, not really. The cost of the products versus having to track claims, find re-imbursements, and keep up with claims status; made DME a very labor intensive venture. With the advent of specialized DME/HME software, secure internet connections, and standardized billing procedures; DME can now be a very profitable venture. In your practice, you will want to be sure that the product(s) you are dispensing are profitable. You need to watch the pricing of the product costs, in some instances, your product costs may be more than the carrier is willing to reimburse you for. When handling for Medicare patients, the process is …
