Medicare reimbursements cut and their effects:
- Approximately 4-5% cuts expected each year through 2012, – can result in a substantial erosion of practice revenues
- Practice will find it hard to compete, sustain, and grow – on marginal revenues from private insurance reimbursements
- Extreme possibility – the cumulative effect of such Medicare cuts may even bring practices on the brink of sell-out or closure
- Maximize your Medicare reimbursements – error-free billing, coding, and submission
- Being eligible for Medicare bonuses and incentives – adopt ACO model of medical care dispensation and compliant EHR practice
- Focusing on getting as many reimbursements as you can from – other sources (private health insurance reimbursements and fees)
- Get credentialing services for your practices
- Specialization as their lone concern is to maximize their clients’ revenues from reimbursements
- Voluminous operations – helps in reducing the cost of medical billing services
- Market-orientation – ensures that clients’ medical billing practices are compliant with the evolving industry standards
Medicalbillersandcoders.com – by virtue of being the leading consortium of medical billers and coders across the U.S – is uniquely poised to play the defining role in this regard. Combining its unique legacy with a comprehensive process of medical billing RCM–Patient Scheduling and Reminders, Patient enrollment, Insurance Enrollment, Insurance verification, Insurance Authorizations, Coding and audits, Billing and Reconciling of Accounts, Account Analysis and Denial Management, A/R Management, and Financial Management Reporting – Medicalbillersandcoders.com additionally offering value added services like consultancy and credentialing promises to guide physician practices through these testing times.