Dermatology Year-End Billing Challenges: Why Revenue Drops and How Outsourcing Protects Practices

Image
Top Year-End Billing Pain Points Dermatology practices face some of the most complicated coding and reimbursement issues at the end of the year. Seasonal appointment spikes put additional pressure on billing teams struggling with: Declining reimbursements for common procedures such as biopsies, lesion excisions, cryotherapy, and Mohs services Payer-to-payer coding variability, especially on pathology-linked services Bundling disputes where multiple procedures performed in the same session are denied due to improper modifier usage Cosmetic vs. medical necessity confusion, leading to denials when documentation doesn’t clearly justify why a lesion needed removal Increased scrutiny on skin cancer—related services due to rising utilization These persistent challenges often leave dermatologists with more unpaid claims, lost revenue, and rising patient AR at year-end. What Practices Are Doing Right Now To reduce claim rejections before the year ends, most dermatology practices are: Re-trainin...

Key Opportunities in out-of-network strategy for ASC


The beginning of the
 Patient Protection and Affordable Care Act resulted in millions of Americans becoming insured on plans with out-of-network benefits. Also, this act has narrowed insurance networks which left many providers completely out-of-network. Therefore, the out-of-network strategy for ASC is only revenue enhancing strategy for some ASCs.

There are some key opportunities available with out-of-network offerings and you will get the details of opportunities in the following briefs:

The rise in overall reimbursement

The changing and sometimes volatile world of insurance can be stressful for practitioners who desire a more predictable income stream. Fortunately, there are some ways that exist to improve your reimbursements and it starts with developing a good out-of-network strategy combined with the right expertise.

You can avail the best pay-off by creating a hybrid strategy that includes an out-of-network and in-network strategy. Moreover, you can enhance revenues by making out-of-network payments a small part of your surgery center business.

Lastly, the marketplace plays an important role while implementing a hybrid model to maximize revenue and you need to determine which payers to pursue this strategy with based on reimbursement levels compared to the levels of reimbursement if your surgery center was in-network with that payer.

If you are looking for an out-of-network strategy for ASC, Contact us at info@medicalbillersandcoders.com/ 888-357-3226

Read More: https://bit.ly/3CsSUfI

Comments

Popular posts from this blog

How to Reduce Days in A/R with Smart Denial Management Strategies

How Outsourced Medical Billing Can Improve Your Practice’s Profitability

Understanding the Differences Between Claim Denials and Rejections in Medical Billing