by Pete Crutchley | Nov 4, 2014 | Medical Billing News
Take this ONE client as an example. Out of 15 consultations 4 (four) came back with excess / shortfall deductions totalling £575 in one week. So for a total of £2,500 worth of revenue from outpatient consultations £575 or 23% came back short. Looking back to the same...
by Pete Crutchley | Oct 30, 2014 | Medical Billing News
Benefits or Fees This issue came up during a recent meeting with a consultant surgeon. More specifically how fees are accounted for against a benefits package and the possible creation of a shortfall. Consider the total benefits payable under a patient’s insurance...
by Pete Crutchley | Oct 28, 2014 | Medical Billing News
Especially when invoicing online but equally applicable to PDF invoices is the attention to detail when raising invoices. Real example: an MHM client has practicing rights in a number of hospitals. It’s not unusual for the invoice to be queried as the...
by Pete Crutchley | Oct 23, 2014 | Medical Billing News
Not only are accurate records required to show how many patients you are seeing and how much you are owed but they are also required by your accountant. They want them because HMRC want them! Not only does a failure lead potentially to payment of incorrect tax amounts...
by Pete Crutchley | Oct 21, 2014 | Medical Billing News
Fees differ If fees differ between insurance companies how can they be checked and monitored? For example, a fee for a fictitious CCSD code XY4321 can differ between the big five insurance companies by as much as £100. Add to the equation another code. AB9876. It may...
by Pete Crutchley | Oct 16, 2014 | Medical Billing News
Following the previous blog regarding pre-authorisation I was asked to explain what could go wrong even if pre-authorisation had been correctly obtained. To do so, consider this question against the background of a recent (within the last month) issue… The patient...
