When it comes to medical billing collection rates, the phrase “no margin, no mission” can ring too true. After all, if a care center doesn’t bring in enough revenue to keep things running, any higher purpose they have is meaningless. That’s why you devote so much time to keeping your center or federally qualified health center afloat. But it’s important to remember that the reverse of this well-known phrase is also true: No mission, no margin. If you’re devoting too much time to the billing side of your practice, it’s the patients who suffer.
Recent Posts
In a rush to get as many people vaccinated as quickly as possible, many organizations are now facing the daunting task of needing to get the COVID-19 vaccinations billed. We have had multiple Community Health Centers reach out to us to seek assistance with this challenge.
It seems the label “Medicare for All” is being attached to all sorts of proposals. Plans to provide universal healthcare coverage to Americans abound, but they aren’t all Medicare for All. Broadly speaking, “Medicare for All” applies to only those proposals that would cover everyone, replacing private insurance.
What is ICD-10? ICD-10 codes are a powerful tool for community clinics to document and address social determinants of health--but they’re drastically underused. Perhaps because they aren’t fully understood. We’re going to start with the basics... You probably know most of this, but your team may not, so you may want to share this post with them. Then we’ll dive into what’s happening vis-à-vis ICD-10 and social determinants of health.