Medacy Ltd’s Post

Failing to comply with the Medicare Secondary Payer Act can lead to significant consequences, including government action. Inadequate compliance processes can result in financial liabilities and worse yet damage to your firm’s reputation. Click here to find out how Partnering With Synergy for Medicare compliance is the answer: https://lnkd.in/gdwGT5Uz Chad A. Van Every synergy. cvanevery@partnerwithsynergy.com 407-725-7135 #MSPCompliance #Medicare #Consequences #Liability #PartnerWithSynergy

Ensure your practice runs smoothly and financially secure with timely credentialing. Proper credentialing prevents delays, reduces claim denials, and safeguards your revenue stream. Prioritize credentialing and protect your practice's financial health. #Credentialing #RevenueProtection #HealthcareManagement #ClaimDenials #Compliance #FinancialHealth #PracticeEfficiency #MedicalCredentialing #CodexMedical

Failing to comply with the Medicare Secondary Payer Act can lead to significant consequences, including government action. Inadequate compliance processes can result in financial liabilities and worse yet damage to your firm’s reputation. Click here to find out how Partnering With Synergy for Medicare compliance is the answer: https://lnkd.in/gVf4TERf #MSPCompliance #Medicare #Consequences #Liability #PartnerWithSynergy

Failing to comply with the Medicare Secondary Payer Act can lead to significant consequences, including government action. Inadequate compliance processes can result in financial liabilities and worse yet damage to your firm’s reputation. Click here to find out how Partnering With Synergy for Medicare compliance is the answer: https://lnkd.in/egvWHSSg #MSPCompliance #Medicare #Consequences #Liability #PartnerWithSynergy

Payers & providers initiated 288,810 disputes through the federal independent dispute resolution (IDR) portal between Jan. 1 & June 30, 2023. This amount is 13 times greater than what HHS anticipated for the entire calendar year. Learn more https://bit.ly/3VapBK0

PYA is concerned that providers, both hospitals and physician practices, could be left without payment for services due to unauthorized activity on the part of some Marketplace agents and brokers. Most of the patients impacted by these abusive practices are not aware of the issue until they seek care, making the initial complaints only the tip of the iceberg. Please share this alert with members of your Financial Services team!

Ensure your practice runs smoothly and financially secure with timely credentialing. Proper credentialing prevents delays, reduces claim denials, and safeguards your revenue stream. 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐞 𝐜𝐫𝐞𝐝𝐞𝐧𝐭𝐢𝐚𝐥𝐢𝐧𝐠 𝐚𝐧𝐝 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐲𝐨𝐮𝐫 𝐩𝐫𝐚𝐜𝐭𝐢𝐜𝐞'𝐬 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐡𝐞𝐚𝐥𝐭𝐡. . . . . #CredentialingMatters #RevenueProtection #ARRescueServices #HealthcareBilling #MedicalCredentialing #PracticeSuccess #SecureYourPractice #BillingExperts #HealthcareRevenue #TrustedCredentialing

Have you ever thought about how claim denials are silently affecting your practice’s resources? It’s time to take a closer look at the true costs. •    Claim denials can lead to losses of over $100,000 each year for medium-sized practices. •    The cost to appeal a denied claim can range from $25 to $30, consuming valuable resources and time. •    Nearly 60% of patients say that billing issues make them less likely to recommend your practice to others. •    Payment delays can stretch to 30 days or more, hampering your practice’s financial health. At Hk Technologies, our denial management services are designed to turn those rejected claims into opportunities for growth and recovery. Reach out for a consultation today! #ClaimDenials #Reimbursement #PatientCare #HealthcareCompliance #HKTechnologies #OperationalEfficiency #AdministrativeTasks #FinancialHealth

The information blocking regulations of the Cures Act took effect in 2021, but the disincentives rule has not been finalized until now. Will your archive solution support Release of Information workflows to keep your organization compliant? https://lnkd.in/giJ4qhZx

Changes are happening in the Medicare Secondary Payer space. Pete Belsito discusses what you need to know and outlines the next steps to ensure proper compliance.     Critical information for RRE's (Registered Reporting Entities) regarding new CMS rules regarding reporting under section 111. Fortis Settlement Solutions #section111  #cmsguidelines  #medicare  #medicaresecondarypayer  #workerscompensation