Terri Bradley Consulting - Holiday newsletter 2017

Published: Thu, 12/07/17

December 2017

WELCOME TO 

TERRI BRADLEY

PRACTICE MANAGEMENT

 CONSULTING

Dear ,​​​​​​​​​​​​​​

It’s the most wonderful time of the year…as I write the final newsletter for 2017 I am on my last business flight of the year and looking forward to having some time at home with family and friends for the holidays.  It’s been a whirlwind of a year for us and we have so much to be grateful for.  Mostly, I am thankful for you. Everyone on my team enjoys working with you, sharing our knowledge and giving whatever tips and tricks we have learned to make your lives easier!  It is an honor and a gift to do what I get to do every day!

So…2018 is right around the corner and here are few reminders on preparing for the new year:
  1. New anesthesia codes as of January 1st. Make sure your software is updated and treatment plans reflect the new codes
  2. Update your fees to reflect the new reimbursement for the anesthesia codes
  3. If you have not renegotiated your insurance fee schedules in 2017, make sure it’s on your calendar for 2018, at least for the carriers that do allow insurance fee schedule negotiations.
  4. Get ready to re-verify benefits for all of those cases scheduled for early January.  Many benefits change on January 1st and often times employers change carriers and your patients don’t always realize it.  Co-pays, deductibles and coverage can vary from year to year. 
  5. Remember…if you are a Medicare provider, all Medicare beneficiaries have a deductible that has to be met each year; collect it at the time of service if you are the first provider to treat the patient.
Also, keep your eyes and ears open for ongoing changes in the industry, mergers between carriers, gosh even a possible relationship with CVS and Aetna (more to come on that topic later). 

And don't forget if you need help or want more training on how to be a rock star coder in the OMS arena, check out our new online video “Untangling the Web of OMS Billing” which is available for purchase in our website store http://www.terribradleyconsulting.com The price will be increasing in January so act soon to add this tremendous training tool to your office! 

Lastly, my very best wishes to you and all for a very happy and healthy holiday season and continued success in 2018!  

Terri Bradley Consulting