I read this GREAT article written by Kathy Mills-Chang about Tracking Insurance Reimbursements and just had to share. One great way to keep up with what you receive from insurance carriers is to create a tracking form. It may take some time to develop the form, but once it's complete, and only needs occasional updating, [...]
One of the keys to a successful practice is having an abundance of new patients walking through your front door. The key to experiencing the revolving door is WORD OF MOUTH referrals. Many businesses have been built on that principal and so can yours. Contrary to popular belief, satisfied patients DO NOT refer. Patients/clients enthusiastic [...]
Patients often feel better after the first few treatments, and although this may seem advantageous, the opposite can sometimes be true as well. Patients often mistake this feeling for a total cure of their condition. They simply do not realize that a relief of the symptoms DOES NOT indicate a correction of the condition. These [...]
Want to know how well your practice is doing? Then take a look at your patient retention rate. Retaining patients is essential to the profitability of your practice. Yet many patients fail to complete their course of treatment. When that happens, the patient suffers, and you lose out on the revenue from those unfulfilled visits. [...]
Question: Is there a difference between modality and therapy? Answer: Short answer, YES Modalities are defined as "Any physical agent applied to produce therapeutic changes to biologic tissues; includes but not limited to thermal, acoustic, light, mechanical, or electric energy." They can be attended OR non-attended. The definition of modalities was added to CPT 1995 [...]
I often receive questions about how much to charge for medical records. Copy fees vary by state. You can find a list of the fees by state here. You will have to scroll a little, but should be able to find what you're looking for.