Laureen shows you her proprietary “Bubbling and Highlighting Technique”
Download your Free copy of my "Medical Coding From Home Ebook" at the top right corner of this page 2018 CPC Practice Exam Answer Key 150 Questions With Full Rationale (HCPCS, ICD-9-CM, ICD-10, CPT Codes) Click here for more sample CPC practice exam questions with Full Rationale Answers Click here for more sample CPC practice exam questions and answers with full rationaleTag Archives: Payments
Medicare Payments to Freestanding Emergency Departments May Fall
The Medicare Payment Advisory Commission (MedPac), a nonpartisan legislative branch agency that advises the U.S. Congress regarding Medicare policy, has recommended a change to reduce Medicare payments to some “freestanding” emergency departments (EDs). The number of stand-alone EDs has increased dramatically, in the past decade. There are now nearly 600 such facilities across the United […]
AAPC Knowledge Center
Medicare wrap around payments
Accepting payments from Medicare patients
The money is allocated back to the clients at invoicing, every 30 days.
Medicare Payments Higher at HOPDs than ASCs, Doc Offices
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Bundled payments on hiatus?
Mandatory and expanded bundled payments on semi-permanent hiatus
Home Health Payments to Decline in 2018
A proposed rule would update the 2018 Medicare payment rates and the wage index for home health agencies (HHA) serving Medicare beneficiaries, as well as revise the Home Health Prospective Payment System (HH PPS) case-mix adjustment methodology. Payment Update is Down In the proposed rule, published July 28 in the Federal Register, the Centers for […]
AAPC Knowledge Center
Outpatient claims denials and payments
Showing Patient Payments in CMS 1500 form
Most of the practices would collect copayments from the patient at the time service. Although it’s not a violation for participating providers to accept payment prior to rendering services, there are specific guidelines to follow, especially when reporting these payments.
Additionally, some providers who accept assignment have a concern that Medicare issues partial checks to beneficiaries. Such checks are generally issued because of a patient paid amount in item 29 of the CMS-1500 (02/12) claim form.
Here are a few guidelines to follow;
Medicare Part B recommends not to collect copay amounts prior to a claim being submitted to Medicare since it is difficult to predict when deductible/coinsurance amounts will be applicable (and over-collection is considered program abuse). So, it is recommended that providers not to do so until Medicare Part B payment is received.
If you believe you can accurately predict the coinsurance amount and wish to collect it before Medicare Part B payment is received, note the amount collected for coinsurance on your claim form. It is recommended that providers do not collect the deductible prior to receiving payment from Medicare Part B because, as noted above, over-collection is considered program abuse. In addition, this practice can cause a portion of the provider’s check to be issued to beneficiaries on assigned claims.
Do not collect money from the patient for the preventive services for which copayment and coinsurance are waived. Please refer Preventive Services covered by Medicare.
Do not show any amounts collected from patients if the service is never covered by Medicare Part B or you believe, in a particular case, the service will be denied payment. Where patient paid amounts are shown for services that are denied payment, a portion of the provider’s check may go to the beneficiary.
There is no need to show a patient paid amount in item 29 of form CMS-1500 (or electronic equivalent) when assignment is not accepted.
Reference: https://www.cms.gov/Regulations-and-Guidance/Guidance/Manuals/Downloads/clm104c26.pdf