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MBC Helps Internal Medicine Specialists in Florida Tackle Medicare & Medicaid Fee Parity Initiative Challenges
Date:4/23/2013

ir credentials with Medicaid authorities to procure the rate hike
  • Physicians will have to establish that at least 60% of their Medicaid reimburse claims submitted the previous year to Medicaid were made using primary care codes recognized by Affordable Care Act
  • The challenges outlined are going to affect internal medicine specialists in all states that are undergoing this fee parity initiative. But MBC understands that the challenges are going to affect the specialist differently depending on size and nature of the practice    and consequently has a different approach depending on the practice.

    MBC's role in assisting Internal Medicine physicians in Florida

    The challenges outlined above evidence various areas of concern like- right documentation, staff training for appropriate use of codes, tracking codes which have been used previously etc.

    As part of the Revenue Cycle Consulting services, MBC performs-

    • Thorough assessment of your operations
    • Improved documentation and accuracy in billing and coding
    • Works out areas of operational lapses and revenue leakages
    • Improves in-house operations by spotting areas of revenue leakage and staff training
    • When required helps replace old software applications with new
    • Helps implement improved RCM and regularly tracks the process

    Many internal medicine specialists from small to large sized set- ups, in Florida, have opted for MBC's services entirely shipping out their billing and coding responsibilities to MBC - so that their staff can continue to focus on medical activities even as they seamlessly realize claims becoming beneficiaries of the rate increase rather than its victims.  

    MBC has helped internal medicine specialists overcome challenges linked to fee parity
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    SOURCE Medicalbillersandcoders.com
    Copyright©2012 PR Newswire.
    All rights reserved

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