Why isn’t Congress supporting our healthcare providers? Every year we go through this agonizing time frame of facing a 20% cut in Medicare payments, while Congress constantly bypasses their responsibility. Congress can’t be penalized for their lack of appropriate actions, so they do what is in their best interests. Typical political selfishness. Our government expects our healthcare providers to render services to the American public in a timely and caring manner, yet that same government is aloof to the provider’s cash flow. How disgraceful! Medical billing services and or internal billing staff are faced with extraordinary amounts of additional labor – posting the original discounted payment, then posting the discounted secondary carrier payment. Once Congress dis-allows the 20% cut, then Medicare sends an adjustment payment and the secondary carrier then sends their adjustment payment.
Email Subscription to Our Blog
4 Ways to Collect Outstanding Patient Balances Add a Physician CAQH Application Common Questions About Medical Credentialing company productivity Credentialing Credentialing Service Credit Card on File Denied claims employee loyalty Follow-Up Process improving profit margin In-Network Provider Keeping Patient Credit Card Info on File Managed Care Carrier Network Maximizing Collections medical billing medical billing Philadelphia medical billing Rheumatology Medical billing services Medical Billing Staff Medical Codes medical credentialing Medical Credentialing Process Medical Practice Credentialing Medical Service Charge Medicare Physician Fee Schedule Ophthalmology billing Out-of-Network Provider Outstanding Collections Outstanding Patient Balances Patient Balances Patient Collection Process Physician Fee Provider Carrier Network Provider Credentialing Rejected Claims Remove a Physician revenue cycle management The Pros and Cons of Credit Card on File turnover rate Unpaid Patient Claims Welcome What is Medical Credentialing? What is Revenue Cycle Management?