Top 4 Tips to Improve Ambulance Transportation Revenue - PowerPoint PPT Presentation

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Top 4 Tips to Improve Ambulance Transportation Revenue

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Title: Top 4 Tips to Improve Ambulance Transportation Revenue


1
Top 4 Tips to Improve Ambulance Transportation
Revenue
  • Medical Billers and Coders

2
Ambulance billing is made up of unique rules and
regulations governing the entire process. Deep
knowledge of the same ensures a smooth revenue
cycle enabling full reimbursement. Every year
brings with it a new set of regulations, also
bringing with it a significant change in the
process of billing. In order to make sure
continued compliance, it is mandatory for the
billers to stay updated with all the current
happenings that are liable of affecting the
billing and coding. Attending an emergency at
the same time ensuring complete and proper
documentation is crucial for Ambulance
Transportation service providers. A dedicated
team for documentation and submitting claims can
be a great relief. The presence of an ambulance
billing manager can significantly assist in
evaluating the knowledge level of the staff which
if not adept, can prove detrimental to the
billing operation. Following tips can be helpful
in assuring no revenue loss and enhancing the
profitability of the service.
3
Email info_at_medicalbillersandcoders.com Toll
Free no 888-357-3226
  • Record Unusual Circumstances
  • Every detail, whether it should be mentioned on
    the claim or not, must be documented. This could
    include an equipment failure, or transport being
    declined by the patient or the fact that on-scene
    time was much longer than expected, etc. Such
    unusual circumstances are rare, although the
    plausibility of them happening cannot be
    declined. In most organizations, mentioning these
    in additional forms could assist in faster
    reimbursement.

4
Email info_at_medicalbillersandcoders.com Toll
Free no 888-357-3226
  • Complete Documentation- 
  • Having transitioned from paper to electronic
    documentation, most EMS systems have proven
    convenient for recoding data, however, could get
    challenging while documenting services provided,
    at the moment. It is important you are completely
    aware of such systems and mention every piece of
    information, rather than relying on mere memory.
    Attending to the patient may need you to fill in
    details post the treatment, which may end up in
    some missing details. Hence complete
    documentation is crucial.

5
Email info_at_medicalbillersandcoders.com Toll
Free no 888-357-3226
  • Days to Payment- 
  • Commercial payers pay forty-five days to post the
    date of service whereas Medicare pays fourteen
    days after a claim has been received
    electronically. It is imperative you have a sound
    process of follow-up in place, thus helping in
    having your payments received on time.
  • Avoid Compliance Risks- 
  • There is great variation in the commission rates
    and Ambulance Service providers must be cautious
    of the rates that seem visibly good. Most EMS
    providers do not actually check the patient chart
    and instead rely on an electronic interface for
    specific fields to be prepopulated which may
    cause compliance risks.

6
Email info_at_medicalbillersandcoders.com Toll
Free no 888-357-3226
Ensuring the collection of every dollar for
Ambulance Transportation is vital for a
profitable service. Being able to reach the
patient on time and also ensuring errorless
documentation is both critical for a timely and
complete reimbursement.
7
  • Email info_at_medicalbillersandcoders.com
  • Toll Free no 888-357-3226
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