Billing and Coding of Medicare Fee-for-Service Claims

1. Billing and Coding of Medicare Fee-for-Service Claims https://www.247medicalbillingservices.com | +1 888-502-0537

2. Billing and Coding of Medicare Fee-for-Service Claims Fee for service (FFS) is a traditional payment model in healthcare. With this model, the healthcare providers and clinicians are reimbursed based on the various services they provide or their procedures. FFS model doesn't include bundled payments. This suggests that the insurance companies or the government agencies are billed for each test, procedure, and treatment provided whenever a patient visits the healthcare provider, has a consultation, or is hospitalized. This payment method offers physicians for the volume and quantity of services provided, no matter what the outcome is. Read more… https://www.247medicalbillingservices.com | +1 888-502-0537

3. Billing and Coding of Medicare Fee-for-Service Claims What Is the Fee for Service Health Plan? Before the value-based care initiative was introduced, the fee-for-service health plan was the primary health care insurance. Also known as indemnity plans, the FFS coverage is costlier; but, a fee-for-service health plan offers end-to-end independence and flexibility to those who can afford it. With FFS, clients can freely choose their doctors and hospitals, with less interaction with the insurance provider. A fee for a service health plan demands more expenses as clients may need to pay their medical fees upfront and submit bills for reimbursement. Billing and coding Medicare Fee-for-Service claims Since the inception of telehealthduring the COVID-19 pandemic, more Medicare Fee-for-Services are billable. We recommend you go through the updated guide to billing and coding FFS telehealth claims. https://www.247medicalbillingservices.com | +1 888-502-0537

4. Billing and Coding of Medicare Fee-for-Service Claims Conclusion: • Finally, what if the Medicare beneficiary’s originating site address had NOT met HRSA’s guidelines? • Then you bill the same, except with a GY modifier. • The GY tells the Medicare Administrative Carrier (MAC) that the service was statutorily excluded and to not pay the practitioner. • Well, we can talk more on billing and coding of Medicare fee-for-service claims but this article is meant to give you a basic idea. We are open to discussing many things over a call or helping you with your Medicare fee-for-service claim requirement for your practice. https://www.247medicalbillingservices.com | +1 888-502-0537

5. Billing and Coding of Medicare Fee-for-Service Claims • About 24/7 Medical Billing Services: • 24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your practice for up to 50%.  • Media Contact: • Hari Sudan,  • 24/7 Medical Billing Services, • 16192 Coastal Hwy, Lewes, DE – 19958 • Tel: + 1 -888-502-0537 • Email - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537