tci Medicare Compliance & Reimbursement - 2006 Issue 31

BILLING: What To Do When Your Carrier Isn't Reimbursing Your Claims

More tips on handling the 9-day payment freeze.Your cash flow will be hit hard in late September, when Medicare puts the brakes on payments for nine days, say experts.The payment hold "will also throw off billing timing, referrals to collections, notices to patients concerning outstanding bills, etc.," says Quinten Buechner, president of ProActive Consultants in Cumberland, WI. Just how much the pay suspension will affect your cash flow depends on your specialty, says Marvel Hammer, owner of MJH Consulting in Denver. Specialties such as geriatrics, nephrology, primary care and general internal medicine will be the most...

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