It is important to ask patients to inform your acupuncture practice if they have moved employment or obtained a new insurance card to prevent unnecessary insurance surprises. Are you checking each patient’s insurance for expiration of coverage? When an acupuncturist submits a claim for services rendered after the patients’ insurance Read more…
There are deadlines for filing claims with each insurance provider and claim rejection if submitted after the policy’s period has passed. Are you experiencing insurance claim denials? It may be due to a failure to submit insurance claims on time. There are deadlines for filing claims with each insurance provider Read more…
As a result, this affects your acupuncture practice’s bottom line and leads to revenue loss. Are you experiencing too many insurance claim denials? Statistics show approximately 49% to 80% of insurance claims have at least one error. As a result, this affects your acupuncture practice’s bottom line and leads to revenue loss. Read more…
If you have a streamlined and manageable acupuncture billing system, you can easily and efficiently handle your office. How good is your acupuncture office management? Office management plays a crucial role in maintaining an effective acupuncture billing system. If you have a streamlined and manageable acupuncture billing system, you can Read more…
There are different scenarios where it may be appropriate to waive a patient’s insurance responsibility, including for patients who are suffering a financial crisis or emergency. Is your acupuncture office waiving patient copayments and/or deductibles? Waiving a patient’s insurance responsibility is considered a violation of the contract between your acupuncture Read more…
Medicare 2023 fees are now final. Rates that were published in December were rescinded, as is not unusual based on congressional budget issues. The good news the original reduction in rates was averted and fees are essentially flat with slight increases or decrease depending on your region. Note also many Read more…
As an acupuncturist, you should be aware of your right to challenge insurance recoupment requests. Can an insurance company recoup payment of paid claims? “An insurance company may not recoup payment unless the healthcare provider engaged in fraud or misrepresentations regarding services provided; or it is otherwise clear the provider Read more…
Healthcare payment processing has become essential in today’s acupuncture practice, and along with the hardware and software necessary to accept credit/debit card payments, it must have… Is your online billing and payment service HIPAA-compliant? Healthcare payment processing has become essential in today’s acupuncture practice, and along with the hardware and Read more…