Tackling Front Desk Collections… The Fundamentals

On October 18, 2016, in Collections, by MoneyTree

Every webinar you listen to, any seminar you attend, and all the coaches you follow or work with will tell you collect on the first visit, collect every visit, and better yet, have the patient pre-pay. Is this ideal? Absolutely! Is this reality? Not usually. When trying to decide what to write I considered themes [...]

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Secondary, Supplement or Replacement?

On October 14, 2016, in Insurance Questions, Medicare, by MoneyTree

In the case of Medicare, we are frequently asked what the difference is between a secondary insurance policy and a supplemental insurance policy. Though there will always be an exception to the rule when it comes to insurance coverage, in general terms, below is an outline of each type and how they work. Medicare Supplements: [...]

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This Just In! CMS Finalizes the New Medicare Quality Payment Program

On October 14, 2016, in Medicare, by MoneyTree

National Government Services has announced that Medicare has finalized the Merit-Based Incentive Payment System (MIPS) and the Advanced Alternative Payment Model (APM) incentive payment provisions. Both are in regards to the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), collectively referred to as the Quality Payment Program. The announcement appears below. We’re already anticipating [...]

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Life Changing Stuff

On August 23, 2016, in Money Tree Billing, by MoneyTree

As you know, we’re big believers in the value of a good business coach and highly recommend all of our offices work with one.  Recently, we received a valuable piece of business advice in the form of a Tooth Fairy story from our coach — we thought some of the lessons would translate to your [...]

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The Money Tree Way

On August 14, 2016, in Money Tree Billing, by MoneyTree

As an organization, we feel it’s important that we are able to convey the purpose, direction and driving forces behind Money Tree Billing.  Internally, we’ve been working hard on our vision, mission, and Core Culture. After all of the time and hard work we’ve put into it, we have decided it’s time to share it [...]

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Minnesota Docs… this one’s for you!

On August 14, 2016, in Insurance Questions, by MoneyTree

There are some new guidelines that went into effect as of August 1, 2016, for Blue Cross and Blue Shield. You should re-verify your patient’s benefits depending on the plans below… Self-Insured Plans:  Per contract benefits Commercial Plans:  After 30 visits per calendar year Government Plans:  After 24 visits per calendar year Prior Authorizations need to be [...]

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ICD Changes

On August 14, 2016, in Billing Questions, ICD 10, by MoneyTree

2015…ICD-10 was coming…as October 1, 2015, fast approached we could all hear the theme song from the movie “Jaws” playing louder and louder in our heads.  Were systems going to crash?  Were claims going to process?  Were insurance payments going to stop?  The transition to ICD-10 is such a big process that we have really [...]

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Our Money Tree Story

On June 27, 2016, in Our History, by MoneyTree

Money Tree Billing is celebrating 9 years in business this year. At times, we wonder where the time has gone. At other times, we find it difficult to remember what life was like before starting the business back in 2007. While our newsletters typically focus strictly on billing & business, we’ve decided to go in [...]

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How much Money are you Losing?

On June 27, 2016, in Billing Questions, by MoneyTree

Losing money… A dreaded phrase nobody wants to hear. There are many procedures within an office that are key to overall success. One of these procedures is double-checking your day sheets. In fact, just this month while doing patient statements for our clients, we came across 11 accounts within two clinics that were missing multiple [...]

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Know Your Stuff!

On June 27, 2016, in Statistics, by MoneyTree

Money Tree Clients:  If you have not yet set up your call with Shannon to review your stats, please do so as soon as possible.  Money Tree has always tracked specific stats for each of our clients so that we can gauge not only how you are doing, but how we are doing, as well. [...]

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