Timely and accurate claims increase the chance of those claims being approved and that increases the chance of getting money in the door so that the practice continues to operate.
Denville, NJ (PRWEB) December 20, 2012
It is not unusual for up to 50% of physical therapy insurance claims to be rejected and that can have a devastating effect on a practice and its billing staff. The key to getting claims approved and possibly even increasing the rate of approval lies in a few simple steps. First, it is extremely important to file a claim in a timely manner with a high level of accuracy. This is especially important with Medicare claims. Timely and accurate claims increase the chance of those claims being approved and that increases the chance of getting money in the door so that the practice continues to operate.
Checking the accuracy of claims is one of the most important jobs in any practice. So many claims are rejected because of a simple mistake and often times, a practice has limited staff and limited time to effectively check the accuracy of the claims they submit.
Although timeliness and accuracy are incredibly important, there is one step that practices can take very early on to ensure a greater acceptance of submitted claims. Checking the patient’s insurance first and determining what treatments are eligible under these plans is an often overlooked but extremely important step in the process. When all three of these steps are taken, the number of insurance claims rejected can be greatly reduced.
Chhoda’s office can be reached by phone at 201-535-4475. For more information, visit the website at http://www.emrnews.com.
ABOUT NITIN CHHODA
Nitin Chhoda PT, DPT is a licensed physical therapist, a certified strength and conditioning specialist and an entrepreneur. He is the author of "Physical Therapy Marketing For The New Economy" and “Marketing for Physical Therapy Clinics” and is a prolific speaker, writer and creator of products and systems to streamline medical billing and coding, electronic medical records, health care practice management and marketing to increase referrals. He has been featured in numerous industry magazines, major radio and broadcast media, and is the founder of Referral Ignition training systems and the annual Private Practice Summit. Chhoda speaks extensively throughout the U.S., Canada and Asia. He is also the creator of the Therapy Newsletter and Clinical Contact, both web-based services to help private practices improve communication with patients, delivery better quality of care and boost patient retention