The Ins and Outs of Billing Medicare Advantage Plans
Although a Medicare Advantage (MA) plan is technically a form of Medicare coverage, it is best to view these plans in a similar fashion to your contracted commercial payers. Advantage Plans often follow the same rules for billing as regular commercial carriers.
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Medicare Advantage can be a valuable option for seniors on a fixed income since the plan mirrors traditional managed care and may help keep costs down. For you, however, choose wisely before joining these networks. Make sure you verify ALL Medicare coverage for maximum efficiency; these plans may pay for otherwise statutorily non-covered services (e.g., exams and therapies). Exploring these plans to find the perfect blend of fee systems and contracted plans for your office will optimize coverage and benefits for your senior patients and result in better client relationships.
If you are looking to invest in your practice in the best possible way with the best possible people, KMC University is the way to go. They are thorough, extremely knowledgeable, and truly go above and beyond to provide technical and emotional support through what can be an exceptionally tedious process with reimbursement, documentation and compliance. Whether you need to brush up on your HIPAA guidelines and policies, or you are completely starting from scratch, they will give you the tools and show you how to use them.