If you’ve ever had a claim denied because of a simple coding mix-up between a new and established patient, you’re not alone. It’s something every healthcare provider must know to avoid revenue loss. It happens in practices across the country every single day. And in physical therapy, where reimbursement margins
Remote therapeutic monitoring codes have reshaped how physical therapy clinics deliver care and handle medical billing services. What started as a patient engagement tool now qualifies as a reimbursable service, but only if you code and document it correctly. The revenue opportunity is quite real for physical therapists and clinic
In the busy billing office of any physical therapy practice, mistakes are bound to happen. With so many details to manage, it’s nearly impossible to stay completely error-free.
Today’s physicians are aware of the fact that in order to stay in the business, they need to function with greater efficiency. This is why it is very important to consider opting for a healthcare billing service, as it will ensure that your practice can stay on top of its claims.
Many practices focus on claim submissions but underestimate what happens next—the follow-up. In reality, the follow-up process often determines how quickly (and fully) a medical practice gets paid. Without consistent tracking, claims can linger unpaid for months, creating unnecessary financial strain. To manage accounts receivable aging effectively, practices need a
A major antitrust lawsuit involving MultiPlan (now Claritev) and several top insurers is making waves in the healthcare industry. The MultiPlan lawsuit challenges how out-of-network (OON) reimbursement rates are set, and the outcome could significantly affect how providers are paid. At Park Medical Billing, we stay ahead of these developments
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