RT Welter
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Cash Pay Service Reminders

Ask your patients if they have a cafeteria plan at work. Money has to be spent by the end of the year! Keep track and start sending out cash pay service reminders mid October. Stay tuned for more Todd’s Tips! About R. Todd Welter • MS, CPC Founder and President of RT Welter & Associates…

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Transparency In Referrals

A major problem we have in health care today is transparency. Add to your referral process —(I hear the groan). Ask those you are referring to what their charge AND acceptable payment will be. You will be interested to see the reaction, and answer. Stay tuned for more Todd’s Tips! About R. Todd Welter •…

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Health Savings Accounts (HSA)

Ask your patients if they have an HSA (Health Savings Account)! They will appreciate your inquiry. Keep track of those patients and run HSA specials! Have HSA specials on cash pay services at slow volume times. A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who…

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ICD-10 Congressional Hearing Panelists Debate Implementation

Healthcare professionals that work with coded data on a daily basis were well represented in the US House of Representatives’ Energy and Commerce Subcommittee on Health hearing, titled “Examining ICD-10 Implementation,” which took place Wednesday morning in Washington, DC. ICD-10 Congressional Hearing Panelists Debate Implementation Myths, Industry Impact, and Readiness With panelists representing those both…

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Cost Share And Deductibles

Collect co-pays at the time of service—It costs way to much to do so via the usual billing A/R process. When a patient comes in and has a co–payment, deductible, coinsurance—collectively called cost share—or you know through the pre–certification process that the patient will have a deductible collected at the time of service, it imperative…

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