tci Part B Insider - 2007 Issue 27

PART B REVENUE BOOSTER: 6 Surefire Tips To Boost Your Bottom Line

If you-re not up to date on codes, you could be losing cashFacing hard times in your practice? You-re not alone. Many practices are coping with tight reimbursement and declining revenues (see the Insider Vol. 8., No. 26). Reasons include high-deductible health plans, the quick growth of Medicare Advantage and a cut to most work RVUs, says Joan Gilhooly with Medical Business Resources in Barrington, IL. In this tough environment, you can't afford to make mistakes. Cindy Parman, principal and co-founder of Coding Strategies Inc. in Atlanta, offers the following tips: 1) Understand the code definition. If the coder...

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