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Co-pays vs. Co-insurance

Please Explain Co-pays versus Co-insurance I am often asked by providers and their staff to explain what each of these terms actually means.  Some mistakenly believe that the two terms are interchangeable. I discovered that many times when a patient had for example, a 20% coinsurance, the staff would charge the patient $20 a visit […]

Today’s Tips

As you may have figured out by now, complete and accurate VOBs are one of my pet peeves!  We at CRT regularly update our forms to stay on top of the latest developments and the changing needs of our clients. DO review and evaluate your VOB form often and make note of any changes that […]

Today's Tips

As you may have figured out by now, complete and accurate VOBs are one of my pet peeves!  We at CRT regularly update our forms to stay on top of the latest developments and the changing needs of our clients. DO review and evaluate your VOB form often and make note of any changes that […]

V.O.B. Tip of the Day—Medicare Secondary Plans

As mentioned yesterday, verification of benefits (V.O.B) is the 1st step in the billing process and it will affect your bottom line. Today’s tip/trend is related to Medicare beneficiaries and their secondary coverage.  Many practices incorrectly assume that if a patient has a secondary plan to Medicare, that the Medicare deductibles and coinsurance portions will […]

Verify, Verify, Verify…..

…..those health benefits! One cannot stress enough the importance of an accurate and complete verification of benefits. It can and will affect your bottom line. The first step in the billing and collections process is the verification of benefits.  A clean aging report depends upon it. Surveys have shown that the largest percentage of unpaid […]

Welcome!

I am so excited to be starting my blog and get it up and running!  I have a long way to go but this is a start right? As a certified medical reimbursement specialist, it is important for me to stay current with what is happening in the healthcare industry and to share that information […]