Physical therapy billing coding issues are prevalent in most practices. A successful physical therapy clinic is a goal for most physical therapists. As physical therapists, we are trained to be good clinicians but the harsh reality is that not all physical therapists have the skills to do what it takes to be good private private owners. The difference is in the way a physical therapy business is operated. A consistent cash flow is very important in any business. If the cash does not flow in steadily, the practice suffers the consequences.
Physical therapy billing coding issues can often mean the difference between a practice that survives and one that thrives.
To ensure timely and steady cash flow, you need to bill your patients in a timely manner. There is no room for errors because your bills and invoices are reviewed and processed by the experience individuals in insurance companies who are constantly looking for problems in your physical therapy billing coding procedures.
Any procedure error or lapse in physical therapy billing coding protocol will upset your payments. Your skill level is irrelevant, if you are in private practice, you are bound to face physical therapy billing coding problems.
To tackle this problem, you can hire billing firms which can do much more than just billing your patients. Such billing firms should be integrated with marketing solutions like Clinical Contact and Therapy Newsletter. The requirements of the insurance companies or Medicare may vary from time to time. Any lapse in providing important details of the patients like date and time of injury or authorization codes in the invoice can result in physical therapy billing coding problems, which will cause delays in the payment process. This causes a disruption in the flow of cash in your practice. If you want to learn more about the most common physical therapy billing coding mistakes, make sure to read the rest of this blog.
Some of the modern tools available for running your physical therapy practice efficiently (Clinical Contact) can help you increase the number of patients coming in to your clinic. You can also use an automated patient newsletter service like the Therapy Newsletter to retain patients post discharge and maximize internal referrals in your clinic. Marketing your practice is made very easy by the automated email marketing and mobile marketing carried out by Clinical contact and Therapy Newsletter. Reach your target audience with videos, fax , e-mail or hand-out newsletters. These are available in both print and e-mail versions and can be customized easily. Add a personal touch and more value to the content if you wish. They are very user-friendly and any therapist with basic knowledge in MS-Office can handle it effortlessly.
The fact is, physical therapy billing coding issues are often a small symptom of a larger problem – the inability of a physical therapy practice to market effectively. Clinical Contact is a proven marketing tool to enhance your practice without investing much of your quality time. You can introduce new products and services in physical therapy directly to your patients and prospects. You are provided with all the marketing materials and all you have to do is use it to establish your physical therapy practice.
Your physical therapy billing coding program can be integrated with Clinical Contact. You also want to make sure that your marketing systems enable you to grow your practice, as you reinforce your physical therapy billing coding procedures. This will allow you to maintain an even cash flow and grow your physical therapy business at the same time.
Post-treatment, stay in touch with your happy patients through e-mail, fax and hand-out news letters. Publicity by word-of-mouth can turn in more patients to your door step than any other form of marketing. The news letters are rich in content and very informative. Your patients will have more confidence in you and will recommend you highly to their friends and family. The newsletter print outs can be faxed to physicians in your community. The referrals will start flowing in on a regular basis. Combine this with the best physical therapy billing coding techniques and your practice revenue will soar.
Complement your physical therapy billing coding solution with automated newsletter services like the Therapy Newsletter. Keep your patients informed about the benefits of physical therapy. Since this is an automated service, you can stop worrying about the time and efforts of sending numerous letters to each patient and start thinking about how to keep up your good work in physical therapy practice.