Archive for The Day of March 21st, 2006

Archive for the Day of March 21st, 2006

Welcome to the medical billing blog archive for the day of March 21st, 2006.

Here you will find links to every article added to the Outsource Management Group web site during March 21st, 2006.

You can browse this day's archives by clicking the "More" button from any of the excerpts below.

Limited Outpatient Therapy Medical Billing Payments

In an effort to limit medical billing reimbursement, the Centers for Medicare & Medicaid Services has taken action. Beginning on January 1, 2006, The Centers for Medicare & Medicaid Services will reinstate the outpatient therapy cap. This medical billing change may negatively effect your bottom line, but is the best option in the long run. The new medical billing limits for outpatient therapy will be $1,740 for occupational therapy and $1,740 for physical therapy and speech pathology combined. However, these two caps do not affect any therapy provided through home health care. The reason for this medical billing cap is because of the increase in outpatient therapy charges in the

Outsourcing Your Medical Billing – Your Practice Depends On It!

Did you know that if you are not outsourcing your medical billing, chances are very good you are throwing away about one third of your revenue from your practice. That’s a lot of money to not be collecting. You could vastly and quickly improve your reimbursement rate and collection of funds owed if you outsource your medical billing. Many practices still submit claims via paper, other practices submit their claims electronically but don’t have time to keep up with the coding and billing changes that can occur, many times as frequently as four times per year. Studies show, practices that outsource their medical billing to a medical billing partner that

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