In April 2018, the Centers for Medicare & Medicaid Services (CMS) began mailing new Medicare cards to all active Medicare beneficiaries. All beneficiaries should now be in possession of new cards that reflect their individual Medicare Beneficiary Identifiers (MBIs). This new number takes the place of social security number-based health insurance claim numbers (HICNs) used…
Effective Aug. 1, 2019, Anthem Blue Cross and Blue Shield began submitting their Electronic Remittance Advices (ERAs) directly to Availity. As a result, many practices that use the TriZetto clearinghouse platform are not receiving their Anthem Blue Cross and Blue Shield ERAs. This issue is specific to TriZetto-based practices in the following states: California, Connecticut,…
Recently at RCM360®, we became aware of an issue that was affecting one of our clients and could affect many others as well. The situation goes like this… A patient is seen by a doctor in their office. During the visit, the patient has an x-ray performed with the understanding that the cost would be…
According to the Social Security Administration, a “processing error” that occurred in January of this year means that some Medicare beneficiaries’ requests to pay their premiums through a deduction from their Social Security did not go through. As a result, those premiums have not been paid, which means at least a quarter of a million…
“The most important thing we felt about RCM360 is that they felt a sense of ownership when it comes to their responsibility towards getting our money, and we hadn’t felt like we were that important with billing companies in the past.”
I recently returned from the Mini Takes the States road trip, an event organized by Mini USA in which a set of routes is organized, and a large group of Mini owners get together to have a driving experience across the country. We took the Orlando, Florida to Keystone, Colorado route, which was the east…
Revenue Cycle Management is a complete process, from when the patient is seen all the way to collection and filing the claim. Practices are businesses, and they’re seeing the patient for money, and if they’re not managing their revenue cycle management, they are not verifying they’re collecting all the money they could.
At RCM360, we believe in getting paid what your practice is due. Whether it’s entering billing encounters that providers haven’t finished in a timely manner, or accounts receivable follow up. Over the years, RCM360 has worked with many clients on an AR analysis to determine how much, on average, we can collect for the current…
Welcome to RCM360 Drive Time The podcast to help you increase revenue, streamline claims, and create efficient billing and collections processes, all designed to drive profits to your medical practice. Today’s episode: Driving Business Revenue Through Quality Reporting https://rcm360.net/wp-content/uploads/2020/09/07-Boost-pt-4.mp3