tci Medicare Compliance & Reimbursement - 2010 Issue 20

Part B Revenue Booster: 6 Surefire Tips Boost Your Bottom Line

If you're not up to date on codes, you could be losing cash. Facing hard times in your practice? You're not alone. Many practices are coping with tight reimbursement and declining revenues. Reasons include high-deductible health plans, the quick growth of Medicare Advantage and a cut to most work RVUs, says Randall Karpf, an independent coding consultant in East Hartford, Conn. Practices tell us they've seen a sharp drop this year. "Reimbursement is down all over," says one coder with a cardiology practice in New York state. Her practice hired an outside consultant, but that person couldn't figure...

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