Payer Processes:
Clear Up Collection Uncertainty With These FAQs
Published on Tue Jul 17, 2012
Ethically maximize your practice's reimbursement and reduce the costs of administering claims for patients covered by more than one payer.If your collection process isn't reaping you the returns you're owed when your patient is covered by two insurance companies, take the steps below to unblock the jam and keep your revenue stream flowing. You learned what COB means, how state law affects COB, answers to frequently asked questions about primary and secondary payers, and how to tell which payer is primary in the first article of this two-part series, "Overcome Primary vs. Secondary Payer Woes with Answers to Your FAQs" in Medicare Compliance & Reimbursement, Vol. 38, No. 10. In part 2, learn who is responsible for knowing which payer is primary and also how to handle payment errors caused by dual coverage.1. Who Is Responsible For Knowing About Primary vs. Secondary?There is no exact, easy answer to this question, [...]