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Showing posts from May, 2020

Strategies To Maximize Radiology Practice Reimbursement

Radiology billing and coding   are often seen as unmanageable. It’s difficult to stay up-to-date on the individual payer and regulation changes. Billing and coding inconsistencies may lead to claims denials. Here’s a closer look at some strategies to maximize radiology practice reimbursement. · Use of proper modifiers · Leverage Payer Contracts · Better manage denials Use Proper Modifiers Incorrect modifiers are one of the reasons for lost reimbursement in radiology practices. While submitting the claim, physicians have to mention where the radiology service rendered, who owns the equipment as a modifier. 26, TC, 76, 77, 50, LT, RT are few of modifiers used in radiology medical billing. · 26 — Professional component- This modifier is used when the physicians supervise and interpret a diagnostic test and write reports. · TC — Technical component — This modifier covers the cost of staff, types of equipment and non-professional components. · 76 modifiers used when