There are a few common denial codes worth knowing, one of them being denial code CO 273. Today we will go over what this code means, how to prevent it, and what to do if you need to address it.
In this blog, we will discuss what a long-term care facility is and how they bill their patients. We will also talk about the main steps that occur when the billing process starts, and common challenges faced.
Healthcare providers receive remittance advice from either insurance companies or patients (payers) when payments are being made for medical services. But, how often and why? Let’s find out!
So what exactly is PFR and how should you go about tracking it? What should you do to make sure your patients are paying their bills promptly? Let’s get into it.
Let’s go over some of these variables and a few ways you can optimize your behavioral healthcare practice’s financial performance. All while still providing top-notch patient care.
A common question among billing and coding staff is, “What is the difference between the coordination of benefits and the explanation of benefits?” Let’s go over what these processes even are as well as the stark differences between them.
Coordination of benefits applies to a patient who has multiple insurance providers also known as payers. It’s more of a backend process, but it’s important to understand from a medical billing perspective.