Are You Using the "G" Codes in Your Medical Billing Claims?
Are You Using the "G" Codes in Your Medical Billing Claims?
The American Medical Association (AMA) and the Centers for Medicare & Medicaid Services are in a medical billing dispute. According to the American Medical Association, new “G” codes will be an unnecessary hassle. The Centers for Medicare & Medicaid Services believe that these new medical billing codes are an improvement in the healthcare system.
Administratively, the CMS- created “G” codes and this may become a headache for your medical practice. There is virtually no incentive to use these medical billing codes. 2006 is the requested Centers for Medicare & Medicaid Services implementation date, but no one is jumping up and down for this change.
For many businesses, the bottom line is the main focus. Since the use of the new medical billing “G” codes will not bring about any more revenue for health care practices, no one is interested. The Centers for Medicare & Medicaid Services insist that these new codes are an enhancement to the system that will benefit everyone. The American Medical Association is less than convinced.
If saving money is on your mind, there is one area that may be worth researching. Outsourcing your medical billing is a great way to cut costs in your practice. When you outsource your medical billing, your practice can free up your office personnel to more effectively and efficiently handle patients. Less staff members will be needed to run your practice, so there are less salaries to pay, less state and federal taxes on employees and your medical billing partner will work for you on a constant basis, not when they get time between patients.
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