Billing & Coding: Accurate Billing & Coding Matters to Your Bottom Line

Welcome to your billing and coding weekly solutions by American Acupuncture Council Network (AAC).

Are rejected insurance claims having an impact on your acupuncture practice’s financial future?

Most acupuncture practices focus on gross collection rate (total charges before adjustments); however, the net collection rate is a more accurate measure of your practice’s financial performance.

The net collection rate is the percentage of collectible funds actually collected (i.e., after contract write-offs, etc.) and anything under 95% net collection rate is considered a practice losing revenue.

Most acupuncture practices experience between 15% to 25% of claims submitted each month are denied or delayed due to errors or incomplete documentation.

It is estimated the average cost to re-work a rejected or denied claim is $25 per claim.

This can add up and have a devastating impact on your bottom line.

Thankfully, American Acupuncture Council Network (AAC) has over 3 decades of experience in dealing with a wide range of acupuncture billing issues.

AAC understands billing with incorrect acupuncture CPT and ICD codes can lead to claim rejections and delays in payments, which can have a devastating impact on generating revenue and keeping you in business. 

If you are experiencing insurance claim denial, staff spending too much time trying to get claims paid, and patients asking why their claims have not been paid then American Acupuncture Council Network is your solution.

American Acupuncture Council Network stays ahead of the curve on the latest trends and changes in billing and coding utilizing their direct channel of communication with the insurance companies and organizations that set the guidelines.

There is a reason acupuncturists have trusted AAC with their business for over 30 years.