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Outpatient Surgery E-Weekly

Malpractice Verdicts Often Favor Physicians

Physicians come out on the winning end of 80% of malpractice claims that end in jury verdicts, according to researchers at Massachusetts General Hos...

Study: CT Colongraphy Effective in Finding Polyps

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Wrong-Site Prevention Video Shows the Right Way

Wrong-site, wrong-patient and wrong-procedure surgery must be prevented at all costs. The 3 steps of the Joint Commission's Universal Protocol make ...

Archive > October, 2005 Vol. VI, No. 10

Coding & Billing

Time to Give Yourself a Raise?

Judith L. English

Judith L. English If you haven't adjusted your fees since you opened your facility, it might be time to do so. Here are some tips for increasing your fee schedule and giving yourself what might be a long-overdue raise.

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Categories: Code/Bill/Reimburse, Business Management
Keywords:
Audit your fees.; Raise your fees (but by how much?).; Document changes.; Be specific when noting the percentage increases and how you calculated them.; Set a minimum baseline.; Audit private insurance contracts.; Check with Medicare.; A lot on the line; ARTHROSCOPY; ASC; Add; CPT; Create; EKGs) the; ENT; Export; II; Include; KNEE; Keeping; Limit; List; Medicare; Medicare's ASC; ORs; Pick; Print; RAISEHere's; Review; SHOULDER; across-the-board; adapted; additions; adjusted; affecting; agonizing; allowed; amount; approved; arrived; billed; billing; board; bump; business; calculated; call; calls... show all keywords
Audit your fees.; Raise your fees (but by how much?).; Document changes.; Be specific when noting the percentage increases and how you calculated them.; Set a minimum baseline.; Audit private insurance contracts.; Check with Medicare.; A lot on the line; ARTHROSCOPY; ASC; Add; CPT; Create; EKGs) the; ENT; Export; II; Include; KNEE; Keeping; Limit; List; Medicare; Medicare's ASC; ORs; Pick; Print; RAISEHere's; Review; SHOULDER; across-the-board; adapted; additions; adjusted; affecting; agonizing; allowed; amount; approved; arrived; billed; billing; board; bump; business; calculated; call; calls; carrier; carved; case; cases; center; change; charge; charging; check; clinical; codes; combination; combined; common; commonly; compared; competitive; complete; compliance; compliant; consistent; contact; contract's; contracts; cost; costly; costs; cover; critical; decisions; demographic; derived; detailed; determine; difficult; direct; director; document; documented; door; easier; educating; ensure; entering; equitable; errors; establishing; explanation; facility; fair; fee; fees; figure; financial; find; fixed; forecast; forget; giving; governing; high; higher; hitting; implants; includes; increase; increases; increasing; indirect; insurance; issue; keeping; labs; list; long-overdue; looked; lot; low-cost; lower; lowest; lucky; maintaining; make; management; manager; margin; match; minimum; multiple; natural; needed; non-specified; notebook; notes; noting; office; opened; original; overhead; patient; payer; percent; percentage; performed; personalized; personnel; phone; policy; post-op; pre-op; prefer; prevent; private; procedure; profit; prominent; proof; raise; raised; rate; rational; reason; recommend; record; reimburse; reimbursement; remains; remember; renovate; required; review; running; schedule; schedules; sees; sense; set; showing; sign; significant; simply; sound; specialty; specialty-by-specialty; specific; spent; spreadsheet; stick; stored; success; supplies; supply; third-party; time; tips; tolerant; treat; updated; wait; wake-up; walk; withstand; write; year; years

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