Physical Therapy Billing – Shared Knowledge Base For Improved Control and Compliance
“No physical therapy or rehab education program prepares us for the harsh realities of daily struggle with insurance companies to get paid in full and on time,” says Yaffa Liebermann, PT, GCS, and CEO of Prime Rehabilitation Services, Inc. “A recent physical therapy program graduate lacks basic knowledge about payer-provider adversity, HIPAA compliance, audit mechanics, SOAP note management, reporting tools, billing profitability metrics, and outsourcing opportunities. And no program teaches us how to use modern computer technology and Internet to accumulate and leverage our collective health care and practice management knowledge.”
Billing Quality Statistics
In order to understand how bad the providers’ financial situation is, it is important to recognize that in an average practice, 17.7% of accounts receivable are 120 days past due. In other words, about 1 in 5 procedures billed today won’t get paid until four months from now. Although this may not seem to be a problem, as it would be expected that the money will come eventually, in fact an unpaid claim that is 180 days overdue has less than 1% chance of ever being paid. This may be good news for insurance companies, but it is certainly bad news for physical therapists.
Importantly, the very fact that these statistics are news to some practices is part of the problem: many rehab or physical therapy practices don’t even know their basic financial parameters such as “AR past 120.”
Uneven Playing Field
Providers and payers are playing tug-of-war on opposites sides of the same claims, but the payers have made significant investments in infrastructure and personnel. Providers, on the other hand, are playing in the worst of conditions. Except for the initial claim submission, they are completely passive at every step. They wait for the payer to review the claim, wait to receive the errors, wait for the review of the corrected submission, and wait, and wait.
In the physical therapy practice this “waiting” can be difficult to appreciate because everyone is busy with new submissions, resubmissions, and appeals. There is little time to take a more active role.
Vericle – a Shared Repository of Billing Solutions
The rules of the game will not change in the foreseeable future, and the payers will continue to own the tables for at least that long, but today’s physical therapy practice is not doomed to lose every hand. More and more practices are learning that by playing the game smarter, they can spend less time thinking about collections and more time with patients. What’s the secret? It boils down to finding errors before the payer even knows the claim exists, to formulating and encoding the rules about finding and correcting the errors, and to insisting on a disciplined follow up on every delay and underpayment.
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BUNDLED INDIAN PACKAGE INFO
Company Name: Aloha Condos
E-mail Address: alohacondos@socialmediasystems.org
First Name: Scott
Last Name: Hendison
Phone Number: 503-522-9244
Address: PO Box 563, Hanalei, HI 96714
Birth date: 5/12/1972
Short Bio paragraph (250 characters):
Aloha Condos Hawaii provides distinctive luxury vacation rental homes & condos in beachfront locations on Maui, Kona on the Big Island, Waikiki Beach on Oahu, & Hanalei, Princeville & Kapaa on Kauai.
Long Bio paragraph:
Aloha Condos Hawaii provides distinctive luxury vacation rental homes & condos in beachfront locations on Maui, Kona on the Big Island, Waikiki Beach on Oahu, & Hanalei, Princeville & Kapaa on Kauai.
Since 1998, Aloha Condos Hawaii has enabled more than 100 owners of unique beachfront, oceanfront and ocean view condominiums and homes in Hawaii to vacation rent their units directly to their guests. The location and makeup of these rentals has been carefully chosen to insure that they all meet a very high quality standard in order to exceed the expectations of all guests and provide them with happy memories of their special vacation in Hawaii.
Blog URL:
http://www.alohacondos.com/articles/
Blog FEED Url:
http://feeds.feedburner.com/Condos-Homes-And-Aloha-In-Hawaii
Avatar to use on profiles (attached):
http://www.flickr.com/photos/13342483@N08/1886932607/
Default Blog Title:
Aloha Condos, Homes and Places to Stay in Hawaii | Hawaii Resource and Information Blog
Default Blog Description:
We offer informative articles and advice about finding your perfect condo or home in Hawaii, including condos in Kona, Maui, Honolulu and much more; let us help you find the place you’ve been dreaming of.
Objective Blog Title:
Hawaii Resource and Information Blog
Objective Blog Description:
Informative articles and advice about finding a condo or home in Hawaii, including condos in Kona, Maui and Honolulu.
Blog Keywords:
oahu vacation condo rental, hawaiian beach homes,maui vacation, condo rental kona kauai, hawaii big island beach homes, aloha festival,maui vacation condo rental, hawaii beach homes, hawaii kauai kona maui vacation, condo rental oahu,Big Island,Maui,Oahu,Featured,Nihilani at Princeville,Big Island ,Maui Japanese,Oahu Japanese,Hawaiian Cuisine,Napili Bay Resort
Sample Directory Categories:
Travel
Leisure
Lifestyle>Vacations
Leisure and Recreation
Regular Website URL:
http://www.alohacondos.com/
Default Website Title:
Hawaii Condos and Homes in Maui, Kauai, Oahu, and Kona, Big Island
Default Website Description: 117+ Hawaii Vacation Rental Condos & Home in Maui, Kona, Big Island, Kauai & Oahu located in the Best Beachfront Locations on the Hawaiian Islands. The Luxury Oceanfront Rentals are Available at Reduced Rates Directly from the Owners.
Objective Website Title:
Hawaii Condos and Homes in Maui, Kauai, Oahu, and Kona, Big Island
Objective Website Description:
Information about finding luxury ocean front vacation property, Hawaii condos and homes in Maui, Kauai, Oahu, and Kona, Big Island and surrounding areas.
Target Website Keywords: hawaii home luxury rental vacation, hawaii vacation rental, kauai hawaii vacation rental condo by owner, vacation rental hawaii, kona hawaii vacation rental, beach hawaii kauai rental vacation, hawaii vacation condo rental, vacation rental kauai hawaii, hawaii home kauai rental vacation
Sample Website Categories:
Travel
Leisure
Lifestyle>Vacations
Leisure and Recreation
Preferred username: aloha-hawaii-condos
Preferred password: ahii_51
WP Login: http://www.alohacondos.com/articles/wp-admin/
WP Username: Socialmedia
WP Password: pw072007
STEPS FOR SUBMISSIONS
Preferred username: aloha-hawaii-condos
Preferred password: ahii_51
Please use the alohacondos@socialmediasystems.org e-mail address for all accounts / submissions. Any e-mails sent to that address will be forwarded to insubmissions@socialmediasystems.org which is a pop account that you can access with the info below:
Mail Server Username: insubmissions+socialmediasystems.org
Password: sub05689
Incoming Mail Server: mail.socialmediasystems.org
Outgoing Mail Server: mail.socialmediasystems.org (server requires authentication)
Supported Incoming Mail Protocols: POP3, POP3S (SSL/TLS), IMAP, IMAPS (SSL/TLS)
Supported Outgoing Mail Protocols: SMTP, SMTPS (SSL/TLS)
Submit the blog url and RSS feed to the top 60 RSS directories:
Links to get the list from:
http://www.masternewmedia.org/rss/top55/
http://www.rss-specifications.com/rss-submission.htm
http://www.submitemnow.com/blog-and-rss-directory-list
Semi-automated software that does the grunt work for you (you probably have your own solution, but this shouldn’t be done 100% manually):
http://www.dummysoftware.com/rsssubmit.html
Submit the regular website and the blog using the OBJECTIVE descriptions to the top 20 web directories (dmoz.org, joeant.com, etc)
For the following use the bios:
Create username and profile for the following sites:
http://www.digg.com
Create / Register a new user at each of the following:
For Technorati (http://www.technorati.com/):
Under bio – For bio use short bio
Under photo, upload avatar
Under blogs, claim blog with blog url above
Use quick claim and enter wordpress username and password to verify
Use blog default title, description and add each keyword as a tag
Digg.com (http://digg.com/register)
In profile setting upload avatar for user picture
Add website address.
Stumbleupon
http://www.stumbleupon.com/getstumble.php
Use the Long Bio
Mybloglog.com
Register and upload avatar.
Add both the regular website and the blog as separate entries under “Add a blog/site” Click “get widgets” after the blog and site have been added scroll to the bottom and copy and past into the reporting text the “Join Community URL” A sample one is included below for reference (have each one join the community below)
http://www.mybloglog.com/buzz/join_comm.php?ref_id=2007022210415896
Blogcatalog
http://www.blogcatalog.com/blogs/submit_blog.html
Use the Objective Blog Description and Blog Title
Geographic Submission, submit the blog and website under the following local submissions services:
Real Estate Specific (if real estate site) (use objective descriptions):
Real Estate Blogs.
http://www.inmanwiki.com/Real-Estate/Category:Real_Estate_Blogs
http://www.36towns.com/submit.php
Create profile and picture, website link and bio
http://www.trulia.com/
https://www.zillow.com/Home,$Border.$links$RegisterLink.sdirect
Yahoo Local
http://listings.local.yahoo.com/csubmit/index.php
Google Local
www.google.com/local/add
Microsoft Local:
http://webapp.localeze.com/bizreg/add.aspx
Social Bookmark Sites
http://www.onlywire.com/ submits to (or you can use other automated methods)
Submit both the main URL and the blog to the top social bookmaking sites.
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