Health Information Management

Bill and charge for supplies correctly to reduce risk and lost revenue

APCs Insider, October 23, 2009

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Hospital departments may be losing revenue for supplies because they don’t understand how billing and payment rules differ.
 
CMS, FIs, and MACs give coding, billing, and payment guidance, but it’s not always clear which guidance they’re discussing, said Keith Siddel, MBA, PhD(c). Siddel is founder, president, and CEO of HRM, a national healthcare financial service organization in Creede, CO. Siddel and Valerie A. Rinkle, MPA, revenue cycle director at Asante Health System in Medford, OR, were the speakers at HCPro’s September 16 audio conference, Billing for Hospital Supplies: Minimize Compliance Risks and Revenue Loss.
 
Continue reading “Bill and charge for supplies correctly to reduce risk and lost revenue” on HCPro’s Web site. Briefings on APCs subscribers have free access to this article in the November issue.



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