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You Need Us Now More Than Ever. |
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Many pathologists and laboratories are suffering from a simple lack of revenue management. Your payments will get worse if you choose to do nothing. You need to start auditing your billing and collection process and negotiate for more revenue.
Vachette Pathology is a pathology and laboratory practice management and consulting firm. We currently manage over 50 pathology and laboratory practices coast-to-coast. They range from single man pathology practices to independent laboratories to 35 hospital based practices. Our Practice Managers have extensive experience in the field of hospital and laboratory billing. We can help to increase your revenue and secure your income. |
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Written by CMS
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Monday, 22 June 2009 07:23 |
The Centers for Medicare & Medicaid Services (CMS)
has become aware of a scam where perpetrators are sending faxes to physician
offices posing as the Medicare carrier or Medicare administrative contractor
(MAC). The fax instructs physician staff to respond to a questionnaire to
provide an account information update within 48 hours in order to prevent a gap
in Medicare payments. The fax may have the CMS logo and/or the contractor logo
to enhance the appearance of authenticity.
Medicare FFS providers,
including physicians, non-physician practitioners, should be wary of this type of
request. If you receive a request for information in the manner described above,
please check with your contractor before submitting any information. Medicare
providers should only send information to a Medicare contractor using the
address found in the download section of the CMS.gov Web site found at http://www.cms.hhs.gov/MLNGenInfo/ orhttp://www.cms.hhs.gov/MedicareProviderSupEnroll
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Written by Mick Raich
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Monday, 08 June 2009 14:17 |
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Anthem BCBS in
Wisconsin has drastically cut their fee schedule from 2008 and is paying on average 12% less in 2009.
While performing a quarterly audit for one of our clients, Vachette Pathology found that Anthem BCBS had changed their payment. Comparing the fees from 2008 to the fees being paid in 2009, it appears
Wisconsin pathologists are getting a 11.6% pay cut from Anthem BCBS.
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Read more...
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Written by Michelle Miller and Mick Raich
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Monday, 04 May 2009 08:27 |
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Given the current business environment for laboratory and pathology practices, it is imperative that they be aware of any changes that may affect their revenue streams.
The new Medicare anti-markup rules present some unique opportunities for laboratories and pathology practice to increase their revenue and at the same time recoup some lost specimen volume.
In the past, if a laboratory or pathology group wanted to bill Medicare work out of a hospital, the group would set up the negotiated rate(s) for purchase of the technical component (TC) with their hospital. The pathologist had to itemize the bill, splitting out the professional component (PC) and the technical component.
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Read more...
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"Making pathology practices more profitable."
