Some doctors in the field claim that acupuncture billing is the most challenging type of specialty billing due to its constantly changing codes and extensive differentiation from treatment in one clinic to the next.
How Does Acupuncture Billing Work?
With the shifting landscape of acupuncture billing, a good acupuncturist would brush up on new and changing codes on a monthly, if not weekly, basis. But, who has time for that? Your patients are your priority, starting from the moment they walk through the door. Your clinic processes them in with paperwork, which is followed by a visit, diagnostics, treatment, and results. These are all details that should be documented thoroughly to streamline the revenue cycle process. Why? Because after the patient is seen, a medical coding specialist translates the visit into numerical codes. Those codes are used to bill providers and hopefully result in steady practice income.
But acupuncture billing is tricky because most providers only accept pain-related diagnoses. Other accepted diagnoses might include conditions related to pregnancy (like nausea), dizziness, asthma, chronic conditions, dental procedures, etc. However, there are several states that consider acupuncture to be illegal. With so many state-specific rules and regulations to uphold, as well as HIPAA compliance, it’s beneficial to hire an experienced third-party billing agency such as Billing Advantage. From coding to billing (and even practice management), you can rely on the agents at Billing Advantage.
Acupuncture Billing Software
Acupuncture billing software can help with several key clinic tasks like scheduling, note organization, and even billing, to some extent. However, a program may encounter errors or not take the state or new codes into consideration. It’s best to hire a team to oversee the software and ensure proper revenue management.
Billing Advantage uses a software program called Kareo, which is among the top programs for reliability and security. When you employ Billing Advantage, we can teach and guide your practice on its use or take care of the entire system for you; in other words, you can have as much or little involvement as you want. And no matter what, you have 24/7 access.
How Much Does Acupuncture Billing Service Cost?
Acupuncture billing can become costly in terms of time, manpower, and the mistakes that are made and can lead to appeals and re-filing. Thousands of dollars are lost each year in this way. On the other hand, if you hire a team like Billing Advantage, you get experience and precision for less than the money you would otherwise lose. Thus, you increase your overall revenue.
Billing Advantage has a one-time startup fee of $300 per clinician, plus 5-7% of the amount you receive. Get started today to make sure that your clinic is being efficient and effective in its revenue management and billing process.
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