Physical therapists should be aware that there are several common reimbursement issues that are outlined in the Coding and Payment Guide. Listed in this article are 5 issues that physical therapists should take into consideration.
This article reviews the CMS proposed rule revisions for 2020 on the annual therapy threshold, use of the KX modifier and targeted medical review thresholds.
In this article, we take a look at the 8-minute rule and what therapists need to be aware of. There are nuances that make it more complicated than it appears.
What are CPT codes? How do you know which ones to use and when? This article helps to clarify much of this as it relates to the physical therapy industry.
Adam and Kim Peacock of StrataPT know a strong team of well-trained employees is priceless (Business Observer)
Husband and wife business owners Adam and Kim Peacock had more than the usual entrepreneurial worries on their mind late last December.
StrataPT is pleased to announce the 50 statewide companies expected to see significant growth over the next several years. StrataPT was selected from more than 500 nominees for Florida Companies to WatchSM, a statewide program managed by economic development group GrowFL, in association with the Edward Lowe Foundation.
We understand how vital it is to have tools that provide you with a snapshot of your entire practice. StrataPT created a dashboard that clearly illustrates and outlines tasks that assist from a business and operational standpoint.
At StrataPT, we have a team that focuses on getting electronic remittance advice set up for all available payers. This ensures that payments are being posted the same day and allows our billing specialists to focus on higher level items rather than simple data entry.
Submission of billing charges should never be complicated or frustrating. At StrataPT, we make the claim submission process painless and submit daily.
StrataPT is among second-stage businesses competing to earn the prestigious honor of GrowFL’s 2019 Companies to Watch award.
With StrataPT’s direct connection, all Medicare eligibility and benefits information is returned back within seconds. This improves the patient’s experience and ensures you don’t have to pay money back to Medicare.
Working with insurance companies can be painful but at StrataPT, our goal is to help our clients collect every single dollar owed to them and we prove this through our completely transparent Clarity Panel.
Our clients love how seamless and efficient our paperless patient intake is! The patient’s info is even saved directly into their electronic chart.
Don’t get stuck documenting in stock templates. Customize your documentation exactly as you see fit, rather than using a one-size fits all system.
What is your average reimbursement per visit? Do you think that it could be improved? Learn more about why you may be missing out on uncollected revenue.
The vast majority of physical therapy billing companies do not have the resources and technology to send workers compensation claims and clinical documentation electronically. StrataPT does!
Stay up to date and get your questions answered for the new 2019 Medicare billing updates for physical therapy practices.
Do you find yourself completely dreading the documentation of your treatment because it takes exponentially longer than it should? Do you spend time sorting through endless templates that do not pertain to your patient population? Do you complete lengthy notes that do not follow your flow and style of treatment?
When you are running a busy physical therapy practice, the last thing you should have to do is sit on hold or wait days on end for a response from your physical therapy billing and EMR company. At StrataPT, we pride ourselves on providing the absolute best customer service in the industry.
There are an immense amount of complex details buzzing around the MIPS program right now. We believe that it is important to keep you in the loop and at least provide some general information so you can begin preparing mentally and begin to educate yourself on the topic.
When researching billing & EMR companies, make sure you use the following checklist to spare yourself from any feature limitations or invoicing surprises down the road.
The goal of StrataPT is to fight endlessly for ALL money owed to our providers but also to clearly display what efforts are being put forth to get them paid. The StrataPT Clarity Panel was designed to provide our clients with a play by play view of every billing and follow up action being performed on every patient account. There are no secrets, there are no blindfolds.
Select your CPT codes, indicate your units, press submit. Reimbursement then shows up in your bank account. It’s that easy!
Every time you “bolt on” additional software to an existing platform, the disruption felt by clients is significant and the opportunity for error is increased. At StrataPT, we don’t acquire outside systems and latch them onto our existing product and would NEVER hire outside billing companies to do the billing you hired us to do.
What billing & EMR companies fail to share during the “sales process” are all of the add-on fees that will be tacked on to your monthly invoice. When researching your options, make sure you use the following checklist to spare yourself from any feature limitations or invoicing surprises down the road.
Many physical therapy billing and EMR companies have means in which feature requests can be suggested. Some use a community message board, while others ask you to send an email to an address that is so generic you wonder if it has even been received. Then you have others that well…simply just don’t want to hear your request at all.
All of our employees from tech support to billing specialists are located in the US. We don’t outsource overseas and never will. Our clients deserve US-based support and shouldn’t have to worry if it’s raining in Uzbekistan!
If you are reading this blog, there is a pretty good chance you are considering starting your own physical therapy clinic. You are probably slightly apprehensive and uneasy as to where to even begin. You have extensive clinical education under your belt and you can treat a patient that just suffered a devastating injury but… Continue Reading
We get it! In the outpatient physical therapy industry, there are so many things to keep track of. With each insurance payer intentionally developing different rules and regulations, it seems almost impossible to keep up with the ever-changing tactics that they throw at you in an attempt to deny claims. How would you answer the following? 1.) How… Continue Reading
With April 1st right around the corner, Medicare will start sending beneficiaries their new Medicare cards. CMS will continue to issue the new cards in several waves over the coming months. Below is a quick overview of what states are included in each wave and a general timeline of when you can expect your patients… Continue Reading