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New CPT Code to Report Novel Coronavirus Test

The American Medical Association (AMA) recently announced the approval of a new addition to the CPT by the CPT Editorial Panel. This was done in an effort to improve tracking, allocating, and optimizing resources in the face of the COVID-19 pandemic. This will help physicians bill for procedures that combat the novel coronavirus.

The New Code and Descriptor

Coronavirus

“87635 Infectious agent detection by nucleic acid (DNA or RNA); severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) (Coronavirus disease [COVID-19]), amplified probe technique” This CPT code is now effective as the industry standard for reporting testing of the novel coronavirus in the US healthcare system. Further information can be found on The American Medical Association website. Short, medium, and long descriptors can be accessed at the AMA website.

Operation Update for Quest National Services

At this time we are running business as usual, but we are closely monitoring guidelines from the Center of Disease Control (CDC), World Health Organization, OSHA, and decrees from our state and federal government. Our office is considered “Low Exposure” due to the minimal occupational contact we have with the general public, our Orlando headquarters is in a 4-story building shared with many tenants across different business platforms; our Waco office has numerous tenants across a variety of business platforms as well. We certainly can’t control who comes in and out of our buildings but we can control who comes in and out of our facilities. We’re taking the following measures to maintain our level of service to our clients:
  • We are requiring all employees to maintain a clean and sanitary work environment
  • Our administration is doing hourly surface-level cleaning
  • Visitors are required to utilize sanitizer upon entering our facility and be in general good health
  • We as an organization are doing everything to keep our employees healthy by maintaining a sanitized work environment
  • If our office closes due to any circumstances we do have a contingency plan to ensure claims and payments continue processing as normal
Our entire management team is monitoring on a daily basis federal, state, and local mandates and our plan is to continue operating as normal until otherwise instructed and/or mandated by our government. Our primary goal to ensure that you know we are here if you have questions. If you or your office is interested in exploring a free telemedicine platform, please contact us to learn more.

What You Should Know About Billing for Telemedicine Services

During the COVID-19 public health emergency, telemedicine offers medical practices the ability to continue caring for their patients both with and without COVID-19. In order to mitigate exposure of patients who are sick or at-risk due to other conditions and to protect the healthcare workers and community, practices are strongly encouraged to use telemedicine and telehealth services whenever possible. They are also encouraged to consider establishing protocols and procedures for use by practice staff and clinicians. Now in a full state of emergency, Medicare, Medicaid, and many private insurance restrictions related to telemedicine have been lifted.

Patients can be at home and non-HIPAA compliant technology is now allowed.

There is no cost-sharing for COVID-19 testing. In addition, to encourage use by patients, Medicare, Medicaid, and some private insurances are allowing practices to waive cost-sharing (copays and deductibles) for all telehealth services. Many prior authorization activities are being paused. There is one caveat here. It seems patients who have been tested for CORVID-19 and have a diagnosis code related to CORVID-19 will have their co-pays, co-insurance, and deductibles waived. With this said there are payers who are waiving all patient cost-sharing but it is on a plan by plan basis.

The Basics of Billing for Telemedicine Services

Woman receiving telemedicine services

Telemedicine billing seems to change from day to day, by the payer and by state. While all payers have some form of formal policy in place for how to bill for telemedicine, the COVID-19 impact on insurance is changing almost daily to meet the needs of so many specialties that normally would not need to use these services.

There are a few items to discuss what to expect from different payers, regardless of the state they are in.

How Are Self-Funded Plans Affected?

These are plans where the employer pays for the medical services provided to their employees. These plans are administered by a third-party administrator and currently have full discretion on which services they will allow. Currently, most are not reimbursing providers for telemedicine services.

What Services Are Covered and How Is This Determined?

Many payers will only pay for the services under the patient’s current insurance plan. If it is not a covered service, the payer will not cover the cost and the cost will defer to the patient. The verification of the patients’ eligibility to ensure telemedicine services are covered is essential and begins at the provider’s office.

How Are Private Payers Affected?

Private payers may have their own manner of billing for telemedicine services. For instance, modifiers, procedure codes, and the place of service may be different from that of Medicare and Medicaid.

How is Payer Reimbursement Seen on an Individual Level?

Each payer reimbursement has to be looked at individually. There is not a standard reimbursement rate across the board. Some pay at a reasonable and customary rate or a fixed rate. A few payers will pay at the provider’s contracted rate and of course many will deny your claim. In every one of the aforementioned scenarios, the billers working on the claims will place the claim in a queue for further investigation with the payer to determine if additional funding will be forthcoming.

Updates to Insurance Information

Insurance companies are updating their websites almost daily, so we have a team solely dedicated to finding the answers. Of course, the providers and their teams are also receiving insurance direct correspondence. By working together we can keep everyone updated.

Steps You Can Take

Dermatologist examining patient through telemedicine Many doctors aren’t being fully compensated for their telemedicine services. This is largely in part due to the complexity of medical billing for telemedicine services. But we’re here to help. With telemedicine coding and solutions to help you transition during COVID-19. Contact us

How a Medical Billing Services Company Prevents Denials

The big bulk of a medical services provider’s loss is in its payment denials because of certain factors like non-identification of the patient, terminated or unverified health insurance policies, invalid medical codes, wrong database inputs, duplicates and lack of payment credentials. These small mistakes can affect the financial aspect of a medical provider which is why reliable and accurate medical billing services are required whether you are an independent provider or a medium to large medical services provider. Working with a competent and accredited medical billing services company will help you hash out problems that lead to payment denials through effective medical billing procedures and a set of smart skills backed by years of experience. Dedicated and experienced medical billing services companies prevent denials by:

Having a Backup System of Electronic Health Records

Medical billing services companies would always keep a backup server with millions of records of patients and safeguard that information at any cost. With everything in the medical industry being automated, highly secure servers and state-of-the-art software are used in compliance with the Health Insurance Portability and Accountability Act (HIPAA) and other government-mandated standards.

Verifying and Sorting Individual Information

Medical billing companies work with medical provider staff to assist and train them in medical administrative tasks like registering patient and processing documents with medical billing codes. The company also measures the percentage of claims against denials and investigates on each denial to solve the problem. The company regularly communicates with staff for maintenance of records and releasing of regular financial reports.

Keeping Informed of New and Revised Medical Standards or Insurance Policies

As an expert in the medical practice, medical billing companies ensure the efficacy of the medical billing procedures that they implement to each medical provider by being regularly informed of industry updates, changes in policies and any other additional requirements for medical billing.

Doing a Thorough Inspection on Claims

More than just communication with healthcare staff, the company addresses issues on claims by creating strategies that appeal to the payer like sending out a reminder email or calling for verification etc.A good medical billing company also keeps up-to-date of payer’s policy and authorization.

Daily Management of Denials and Compliance to Deadlines

Review of denials are part of the medical billing company’s daily grind; they closely monitor the percentage of denials and implement strategies that can solve the problem. They also comply to deadlines in tax returns and other financial requirements.

The Industry of Cosmetic Surgery: What Dermatologists, Plastic Surgeons and Otolaryngologists Needs to Know

To look good is to feel good. This saying is so applicable for most men and women. Regardless of age, most people today are so concern on how they look. Not totally focusing to flaunt the physical appearance but when a person looks good, he/she feels good and it gives this positive outlook in life. Some are naturally born with the good looks (thanks to their genes!) but some wish to have better body part like this or that. So their solution? Plastic Surgery. Having one of your body parts enhanced is truly accepted in this generation. As the young people depend on social media, they witness the physical changes their idols would have. From tummy tuck to lip enhancement and breast augmentation. Confidence gets boosted together with self-esteem.

Why Tackle Plastic Surgery Industry?

Statistics show that as young as 13 years old, Cosmetic Plastic Surgery is being availed and even 55 years old and above still undergo a cosmetic procedure. Mostly among females with 92% of the total population who have undergone surgery, while the 8% for males. Here are some helpful information according to the Plastic Surgery Statistics Report 2016 by the American Society of Plastic Surgeons.

Percentage change 2016 vs. 2015

  • 17.1 million cosmetic procedures – up by 3%
  • 1.7 million cosmetic surgical procedures – up by 4%
  • 15.4 million cosmetic minimally-invasive procedures – up by 3%
  • 5.8 million reconstructive procedures –  no change

2016 Top 5 Cosmetic Surgical Procedures 2016 vs. 2015

  • Breast augmentation (290,000) – up by 4%
  • Liposuction (235,000) – up by 6%
  • Nose Reshaping (223,000) – up by 2%
  • Eyelid surgery (209,000) – up by 2%
  • Face Lift (131,000) – up by 4%
With these figures, it only goes to show that Cosmetic Surgery is still a booming industry. With millions of cosmetic procedures being done, focus on medical billing is the utmost concerns not only by medical practitioners but also by patients.

Outsource Your Medical Billing

As medical practitioners focus on the outcome of their patient’s enhancement, the medical bills pile up and need to be done in the best possible way. When you outsource to a billing service, it decreases the number of rejected claims typically and it’s faster to receive the payment from a client. Let’s be real. Some medical practitioners are not techy. Instead of spending the time to educate themselves with the new technology, medical practitioner’s update themselves with the latest in the medical world where they are familiar of. To attract more people who would like to undergo enhancement, medical practitioners have to put themselves upfront in order for them to practice to specialization. Now, if a medical practitioner doesn’t want to deal with software upgrades, any issues that may arise on the software, or to even worry about clerical work that needs to be done for any billing concerns and mainly focus on his career, by then it’s better to get the services of the medical billing company which can provide all its client’s needs and hassle-free.

5 Tips for Choosing the Best Medical Billing Services

Not all Medical Billing Services (MBOs) work for a specific practice. For instance, if you’re an orthopedic clinic with 4 doctors servicing around 200 patients a week, you’ll need an Electronic Medical Record (EMR) that not only stores every patient’s medical record, but also performs tasks like sending notifications of claims deadlines and denials, and most importantly, it has the ability to restore encoded data lost in a power interruption or server glitch. A lot of software offer features suited to the convenience of the medical institution, group or individual, but you don’t always need a full-service medical billing company. Some tips you can use to find the best medical billing services company that suits your practice are:

Ask About the Company

How has their service benefitted their existing customers? What medical billing solutions do they offer? It helps to ask more than just the price, so you get a good glimpse of how well the company can handle all kinds of issues in medical billing.

Agree on Transparency

Before agreeing on rendering medical billing services, you have to make sure that you receive a copy of reported claims or denials at real-time, so you can also monitor the state of your organization’s financial health. Other data that you need to see would include posted payments, write-offs, open charges and charges on hold and adjustments.

Spot Accreditations

One way of knowing that a medical billing company is operating under state laws, is checking their track record and permissions. You can validate their credentials using this guide questions:
  1. Are they a Certified Professional Biller?
  2. Do they comply to the Health Insurance Portability and Accountability Act (HIPAA) and Healthcare Common procedure Coding System (HCPCS)?
  3. Are they registered with the Better Business Bureau?

Learn About Their Pricing

It pays to know the functions of the service package you will get from the medical billing company. There are three payment models that medical billing companies offer to medical professionals or institutions which include:
  1. Partly Fixed Model – In this model, the company charges a flat fee for carriers. This model is cost-effective on your part, but MBOs seldom use this model.
  2. Percentage Model – This model is widely used by most companies; this model allows companies to charge a percentage of the total claims.
  3. FIxed Fee Model – This model allows the company to charge a fixed price on each claim they submit. This is believed to be a less costly method of payment.

Train Your Staff on Proper Usage

Although you are outsourcing services to a medical billing company, it is the role of the agency to provide training to your staff whenever they need to access the system for verifying records or making their own reports to the management or as simple as entering new patients’ record and insurance policy number. With these tips in mind, you can lessen errors in medical billing and focus on taking care of your patients.

5 Medical Billing Benefits You Get From QuestNS

Is your healthcare organization’s financial status in the dumps? Needing expert skills in handling revenue management, staffing services, medical billing outsourcing, coding and HIPAA Compliance? QuestNS offers complete and comprehensive services that smoothly streamlines all tasks and responsibilities needed for effective medical billing. QuestNS is trusted by over 35 states in the U.S. and has an extensive knowledge in handling specific medical practices such as Pediatric, Cardiology, Urgent Care, Urology, Hospitalists, Family Practice, OB/GYN and more.

Here are the specific medical billing benefits you get when you sign up for QuestNS’ medical billing services:

1. Complete and Detailed View of Payments From posting of patient’s bill to triple-checking summary of services acquired, QuestNS gives you an accurate list of procedures that the patient underwent along with medications administered to the patient. The list is made available real-time in your server. 2. One Month Settling Period for Account Receivables Our professionally-trained staff will help you increase your financial health in your practice as they ensure smooth communication with medical insurance agencies and settle account receivables within a period of one month from the date that the claims were sent. 3. Fully transparent and Easy-to-Understand Weekly and Monthly Financial Reports QuestNS gives you a clear and concise summary of claims and all other transactions made within the week or month so it’s easier to track volume of patients in a week or month and assess your productivity in your practice or clinic. 4. Automatic Generation of Patient’s Statements This helpful feature captures data of patients’ breakdown of costs and collates them into one statement of account that will be sent to automatically to the patient’s email inbox, and he or she will also receive a phone call once the statement has been released. 5. Weekly Calls With Your Account Manager Be totally assured that your medical billing duties are well-attended to by our Account Manager through scheduled weekly conference calls with the AE to get updates on progress of claims and denials and other customer inquiries. More benefits are in store for you when you subscribe to QuestNS’ medical billing packages which includes Back-end, Premium and Fully Customized Plans if you want a medical billing task that’s not included in our two previous plans. Need more specific info? You may contact us at 1-888-783-7818 for a free analysis on your needs or email us at info@questns.com.