On Topic
The O&P Edge: Best Practices: How to Assess Accounts Receivable
Your accounts receivable (AR) are the heartbeat of your practice, and keeping a finger on the pulse is imperative to the health of your company. A bounced check or financial pressures should not be the triggers spurring you to look at your AR reports. Instead, your AR reports should be reviewed, updated, and monitored continually. Monitoring your AR regularly gives you the advantage of identifying trends and proactively fixing common issues that can cause a dangerous bottleneck in cash flow if gone unnoticed.
The O&P Edge: Standardizing Clinical Notes for Professional Success
Over the years, I have read countless clinical notes from hundreds of orthotists and prosthetists. Using those notes, I have fought audits, assessed the contents for prior approvals and authorizations and for compliance with Centers for Medicare & Medicaid Services (CMS) regulations, and just plain tried to figure out what the notes were supposed to communicate.
The O&P Edge: Frequently Discussed Medicare Tips and Reminders
It seems not a day goes by that I do not receive a phone call regarding a Medicare regulatory issue. I would like to review a few frequently discussed topics, along with tips and reminders, that you might find helpful, whether you are a new or seasoned Medicare provider.
The O&P Edge: Because That’s How We’ve Always Done It
When I am hired for a consulting job, I always ask my client why some tasks are done a certain way. More often than not the response is, “Because that’s how we’ve always done it.” These simple words can be the greatest roadblock in the path to your success. And yet this answer excites me because I identify it as an opportunity for change and growth.
The O&P Edge: Optimal Billing Strategies
With insurance reimbursements declining and the cost of doing business increasing, the processes O&P businesses use to ensure successful billing and collections must be as clear and straightforward as can be. The following points can help guide your practice to success and optimal billing strategies…
