Nitin Chhoda Uncovers the Three Biggest Mistakes Physical Therapist Make When Dealing With Health Insurance
Denville, NJ (PRWEB) July 05, 2013 -- Effective physical therapy billing is very important to any practice. Perhaps the second most important thing next to the delivery of the actual physical therapy services is. When dealing with billing issues, understanding the complex nature of insurance is paramount and practices get into the most trouble when they make mistakes processing insurance claims. Chhoda reveals the three most common mistakes practices make when it comes to insurance and how those mistakes cost a practice in lost revenue.
According to Chhoda, the biggest insurance mistake is the failure to verify a client’s insurance information. People change jobs. Move from one address to another or transfer policies. If the information gathered is incorrect, it is almost a given that the insurance claim will be denied directly, affecting the physical therapy business’ bottom line.
Similar to getting the correct insurance information, practices must also have the most current patient information on file in order to receive quick reimbursement and avoid denials. Even a simple misspelling for a patient’s name can result in insurance denial. Finally, making the correct diagnosis and coding procedure is mandatory. Nothing results in an insurance denial faster than the billed service not matching the actual diagnosis.
After explaining these three common insurance mistakes, Chhoda reveals that the best way to avoid these mistakes is by having sound physical therapy management and implementing effective physical therapy billing software. It is here where Chhoda relies on his EMR expertise to offer effective solutions that any physical therapist can implement to ensure the minimum loss of revenue.
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.
Nitin Chhoda, EMR News, http://www.nitin360.com, 201-535-4475, [email protected]
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