Thursday: Seven Keys to Success for Surgeons

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Looking for additional revenues in your surgical practice?  The easiest money you’ll ever make is by collecting for services already performed.  How...?  Correctly and accurately coding for services and instituting effective billing and collection processes. This day-long seminar provides essential coding knowledge about E/M services, which comprise significant volume and opportunity in a surgical practice. 

After performing the service, the practice needs to collect the money. Medical billing is a complex process that requires up-to-date technology and tight procedures.  Comparative MGMA, specialty specific data on collections will be presented, so a practice can compare their own results and identify problems that need improvement. 

Using Non-Physician Practitioners in a surgical practice can be effective from a financial and clinical perspective. Their roles in a surgical practice vary and will be discussed, along with Medicare and third party rules for billing for their services.

Focusing on billing and collections to increase net revenue in the practice. This year's course focuses on the essential coding knowledge and business "musts" for a successful surgical practice.

We'll show you how to detect and decrease compliance risk by analyzing your coding data and comparing it with national norms. Improving your knowledge of evaluation and management coding in the hospital or office pays off.

But coding is just the first step: your practice needs to collect the money for the services performed.  There are simple techniques to do this and technological strategies, we'll cover both.

Analyze your own practice’s compliance risk

Identify areas of risk in your own practice by comparing your use of modifiers, your RVUs production and most commonly billed codes for your sub-specialty.  

Confused about the correct type of code to bill?
Likely you are because it varies by payer. You will take home a useful chart that answers the question, "What should I bill?" for many situations, complete with modifier usage.

Avoid Denials
By documenting for medical necessity, accurately documenting and choosing the right ICD-9 codes you can avoid denials, down coding and resubmission headaches. We'll preview what the new ICD-10 system means for you.

Increase Practice Management Competency
You can code perfectly and still not be paid. If efficient and effective business systems aren't in place it results in high accounts receivable, expensive double work and lower practice profitability. Use our "Practice Diagnostic" tips to see how and where you can make improvements in your practice.

As a result of attending this course, participants will:

• Identify compliance risks in their own practices

• Find 30-60 minutes in your day from streamlined operations

• Implement billing and collection practices that increase cash flow

• Develop a strategy and plan for participating in CMS's incentive programs

• Discuss the roles and financial implications of Non-Physician Practitioners in
  surgical practices

• Select the correct category and level of E/M code

• Accurately determine what E/M services may be billed before and after a procedure. Select the correct category and level of E/M code

CME CREDIT

The American College of Surgeons designates this educational activity for a maximum of 6.5 AMA PRA Category 1 Credits™.  Physicians should only claim credit commensurate with the extent of their participation in the activity.