As an acupuncturist, creating a financial agreement for your patients is a great way to make sure they are aware of costs, their financial responsibilities, and that there are no surprises.
A financial agreement for insured patients should include…
Welcome to your billing and coding weekly solutions by American Acupuncture Council Network (AAC).
Effective January 1, 2022 the No Surprise Act was implemented to protect patients from unexpected and undisclosed medical bills.
As an acupuncturist, creating a financial agreement for your patients is a great way to make sure they are aware of costs, their financial responsibilities, and that there are no surprises.
A financial agreement for insured patients should include the following:
Many insurance policies do not cover acupuncture care, and your office makes no representation that your patient’s insurance does.
Insurance policies may vary greatly in terms of deductible and percentage of coverage for acupuncture services.
Your office requires the patient be personally responsible for payment of their deductible, as well as any unpaid balances to your acupuncture office.
Your acupuncture office will do your best to verify your patients insurance coverage and will bill their insurance in a timely manner as a courtesy to your patients.
As an In Network Provider there is a fixed Co-Pay and contractual write-off.
Out of Network Providers have a Co-Insurance in which the patient pays what the insurance company does not and there are no contractual write offs.
Thankfully, American Acupuncture Council Network (AAC) is the expert with over
3 decades of experience in dealing with a wide range of acupuncture billing issues.
Remember, 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 by 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.
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