Tuesday, December 4, 2012

Obtaining, Uploading and Utilizing Your Contracted Fee Schedules

The American Medical Association (AMA) Published a step-by-step guide on "Obtaining, Uploading and Utilizing Your Contracted Fee Schedules".

The guide listed the following steps on how to obtain, upload and utilize your fee schedules:
  1.  Gather your contracted fee schedules from the payers which you contract
  2. Run an annual report on each CPT code and how many times it was used in that year
  3. Determine your most frequently billed CPT codes from your annual report
  4. Load all applicable information into your practice management system
  5. Print and review your reports from your practice management system on your contract rates and payments (if applicable)
  6. If you don't have access to reports from your own practice management system, create your own in Microsoft Excel.  
To receive the full step-by-step guide with Excel files included, please click the following link: Obtaining, Uploading and Utilizing Your Contracted Fee Schedules

For additional billing and coding resources, please click the following link: Medical Reimbursement, Inc. Resources

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