Bill Sample / December 8, 2018 / Rosalie Cain
If a website tries to access your financial information by asking for credit card numbers bank account info or PayPal details then you are probably dealing with a scammer. Treat free products like the ads on television. They are promotional items and you have no obligation to pay for them. In fact you are doing a favor for the manufacturers because you are participating in their programs. In case you have been scammed do not call the supposed customer service of the website because you will not get any response from it. If you are billed immediately call your credit card company and report an unauthorized billing. Lastly create a separate email account for the free sample programs. This is a good way to protect your primary personal email from spam and information theft.
Useful metrics must be comprehensive and simple. They must combine both complete end-to-end processes and their individual components. Metrics must be used consistently over time and compared to standards. Obviously different standards apply to different medical specialties patient demographics payers and samples of CPT codes. Medical billing metrics typically include compliance cash balances charges accounts receivable and collection ratios to help monitor cash flow. This article focuses on performance metrics. For discussion of compliance program see companion article on Medical Billing Compliance. Collection Ratios Traditional metrics include gross and net collection ratios. Both metrics are subjective to individual practice because they compare (often arbitrary) charges to (allowed) payments.
Contracts are kind of like insurance you dont need them until theres a problem. But when there is a problem its a relief to have one. There are really a lot of areas that you need to make sure you are covered in and a contract is really the only way to do that. When starting a medical billing business there are many things to think about and writing a contract is just one of them. There are many expenses in getting started and most of us just starting out dont want to spend our limited investment money on an attorney. So what do many of us do? We "google" sample medical billing contract and use what we think sounds good and make up a contract for our business. That can be a big mistake. Thats what we did sixteen years ago when we started our business except there was no "Google" then.