In this article, we will break down what was proposed for 2020, and what will actually take place (hint: it’s not what many experts were expecting).
Making Sense of the Two Billing Rules Previously, we’ve discussed Medicare’s 8 Minute Rule and the complexities associated with these guidelines. However, some non-federally funded insurance companies use the American Medical Association’s (AMA) 8 Minute Rule guideline instead. Are there discrepancies between these two 8 minute rules? Unfortunately, there are and it can complicate your… Continue Reading
Dry Needling Dry needling is an important part of the physical therapist scope of practice and there has been confusion in the past of how it should be coded and billed. One of the CMS proposed rulings for 2020 could possible clarify this situation. The CMS is proposing two new CPT codes for dry needling. … Continue Reading
The 85% Ruling One of the CMS proposed rulings would go into effect on January 1st, 2022. Any claim provided in whole or in part by a PTA or OTA, beginning on or after that date, will be paid at 85 percent of the otherwise applicable payment amount for the service. This would directly affect… Continue Reading
In this article, we will examine the CQ and CO modifiers and the gray areas that exist in the new proposed CMS rules for 2020 to clarify these situations.
HCPCS Level II codes are used for billing Medicare and Medicaid patients, as well as some third-party payers. Learn more about how to use these codes here.
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.