Are you aware of rate and deductible changes for Medicare?
This year Medicare rates were to have been reduced by 10% for all services other than E&M codes.
Welcome to your billing and coding weekly solutions by American Acupuncture Council Network (AAC).
Are you aware of rate and deductible changes for Medicare?
This year Medicare rates were to have been reduced by 10% for all services other than E&M codes. Thankfully, the senate and congressional voting funded additional monies to Medicare reducing the rate cut to 5-6%.
The new annual deductible for all Medicare Part B beneficiaries will be $203, an increase of $5 from the 2020 annual deductible of $198.
As an acupuncturist, Medicare fees are important, since many carriers, including the VA use Medicare rates as their benchmark for setting fee schedules.
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.
Start your free 30 day trial today.
We will save you thousands and get your claims paid more efficiently, with proven methods!
The AACinfo Network Plus 30 day trial gives you the opportunity to find out just how easy we can make getting those denied claims paid, saving you thousands of dollars each month in both time and money.
Click here to get your claims paid.
0 Comments