BC Advantage - 2016 Issue 8

The Key to Good Practice Management Reporting: One Fee-Schedule

There has always been long standing controversy on whether or not a practice should bill using one fee schedule or maintain multiple fee schedules to match their payer contracts.It has always amazed me at how many medical billing professionals will still maintain and advise physicians to use multiple fee schedules as an attempt to keep the A/R down while in all actuality, the data is inaccurate and of no help to the practice's reimbursement process. The rationale most medical practices maintaining multiple fee schedules has been that it saves time and looks better in their A/R.  We...

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