Nowadays lot of practice are loosing money not because they don’t have enough patients but because of older Medical Billing strategies or lack of follow ups with payer. Here, we as Medical Billing experts helps practices to stable their broken RCM & make their billing process a lot stronger (
Medicare is one of the most common payers in outpatient physical therapy and one of the most misunderstood. Most physical therapists know the basics: Medicare covers PT services, there’s a therapy cap, and documentation matters. What most PT providers don’t fully understand are the specific coverage rules, documentation requirements, modifier
Practice type: Solo outpatient psychology practice Provider: 1 licensed psychologist (PhD) Location: United States Patient volume: Approximately 120 patient encounters per month Payer mix: 41% commercial (BCBS, Aetna, UHC), 28% Medicare, 22% Medicare Advantage, 9% self-pay Services: Individual psychotherapy, psychological testing and evaluation, psychiatric diagnostic evaluations, group therapy, telehealth sessions
Physical therapy billing looks manageable until you actually dig into it. (Revenue Cycle Management for Physical Therapy Practices) On the surface, PT practices deal with a relatively limited set of CPT codes therapeutic exercise, manual therapy, neuromuscular reeducation, a few modality codes, evaluations. Compared to interventional pain management or behavioral
