Reimbursement:
Timely Filing Keeps Payments Coming In
Published on Wed Jul 28, 2010
With the Medicare deadline cut from three years to one, using a chart can help.As the impact of healthcare reform continues to define how medical practices work, one result is a decrease in the amount of time you'll have to file claims. Section 6404 of the Patient Protection and Affordable Care Act reduces the maximum time for submission of all Medicare FFS claims to one calendar year after the date of service.So if you're unprepared to process claims quickly, you'll be doing a lot of write-offs. That is, of course, unless you follow these expert-approved tips.1. Keep a Chart and Stick to ItTimely filing means that your practice submits a Medicare fee-for-service (FFS) claim within the timeframe determined by the carrier.Under the new law, claims for services furnished on or after Jan. 1, 2010 must be filed within one calendar year after the date of service. The previous timeframe was three [...]