New ABN

On June 8, 2017, in Billing Questions, Medicare, Uncategorized, by MoneyTree

Medicare has announced an updated Advance Beneficiary Notice of Noncoverage (ABN). The new form will be required after June 21, 2017. The new form includes a non-discrimination clause, informing the Medicare beneficiary of their rights to non-discrimination and how to request an ABN in an alternative format, if needed. The new expiration date on the [...]

 

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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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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Don’t let the UHC per diem rate get the best of you!

On April 19, 2016, in Billing Questions, Insurance Questions, by MoneyTree

Let’s go over this lovely UHC per diem rate that is frustrating so many clinics. In this article, we will talk about the fees you charge and ideas for getting your exams and x-rays paid in spite of the UHC per diem rate. Money Tree services clients in MN, WI, OK and MI, however, we [...]

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Is Your Office Throwing Money Away? (Literally)

On July 26, 2013, in Billing Questions, Collections, Insurance Questions, by MoneyTree

We learned of a unfortunate mistake that is being made in a few chiropractic clinics and wanted to be sure to get the word out so it doesn’t happen to you. Recently, we’ve been seeing insurance companies sending EOB’s by mail, which include a copy of a credit card on either the bottom of the [...]

Code of the Month: 97039

On April 9, 2013, in Billing Questions, Code of the Month, by MoneyTree

We’re pleased to bring you a summary of March’s Code of the Month posts from our Facebook page. Modality (therapy) code 97039 is described as, “unlisted modality (specify type and time if constant attendance).” If there is not a specific code to use for your modality, you would use 97039. Yes, you bill using this code [...]

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Code of the Month: 97150

On March 10, 2013, in Billing Questions, Code of the Month, by MoneyTree

We’re pleased to bring you a summary of February’s Code of the Month posts from our Facebook page. 97150, commonly used for therapeutic procedure/s, group (2 or more individuals) is a seldom used code within chiropractic.  However, as more and more doctors incorporate “active” therapies into their practice, group therapy, and the 97150 code, may [...]

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Code of the Month: L3000-L3031

On February 10, 2013, in Billing Questions, Code of the Month, by MoneyTree

We’re pleased to bring you a summary of January’s Code of the Month posts from our Facebook page. Throughout the month we focused on various aspects of billing orthotics codes. Orthotics are a common and beneficial product for chiropractors to offer their patients.  The orthotics (Insert, Removable, Molded to Patient Model) codes are L3000-L3031. For [...]

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Does Diagnosis Pointing Make a Difference?

On January 7, 2013, in Billing Questions, by MoneyTree

Q. I’ve noticed an option for “diagnosis pointing” on my practice management software. Does diagnosis pointing make a difference? A. Diagnosis pointing is when a provider attaches specific diagnosis codes to specific service codes. This is an option with many software programs and can be very beneficial. If you are a doctor who does minimal [...]

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The Letters and Forms Needed for Collections

On August 13, 2012, in Billing Questions, Collections, by MoneyTree

Q. Your recent post, “Can you give us any advice on the best way to collect outstanding patient balances?“, was very helpful and we’ve taken steps to set up the process you recommend for our office. The only missing piece now are the letters and other forms needed.  Can you help? A. Great job! We’re [...]

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