7 Basic Facts About Pharmacy Billing Services - PowerPoint PPT Presentation

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7 Basic Facts About Pharmacy Billing Services

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Pharmacy Billing has always been a challenging task for many medical billers and coders. Here are some basic facts that should be aware of, to ease the process of Pharmacy Billing Services. – PowerPoint PPT presentation

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Title: 7 Basic Facts About Pharmacy Billing Services


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7 basic facts about Pharmacy Billing
Services
https//www.247medicalbillingservices.com
1 888-502-0537
2
7 basic facts about Pharmacy Billing
Services
Physicians delivering healthcare are highly
dependent on pharmacists to provide better
service to patients. Although pharmacists had
been known for conducting and being reimbursed
for product-based practices, today, pharmacists
play an important role in the healthcare delivery
system that are needed to meet the goals of the
ACA and CMS minimize healthcare costs and
improve healthcare delivery. Pharmacists are
improving their reimbursements with many roles
and avenues, yet clarity in how to improve their
Revenue Cycle Management (RCM) process is still
lacking. If you are looking to offer in-office
dispensing to improve your revenue, here are some
basic facts when it comes to Pharmacy Billing
Services.
https//www.247medicalbillingservices.com
1 888-502-0537
3
7 basic facts about Pharmacy Billing Services
  To enable pharmacist reimbursement for
healthcare services, including and following the
Medication Therapy Management (MTM) CPT codes,
negotiation specific contracts may be needed in
non-institutional physician-based practices and
clinics. On the other hand, pharmacist-based
services may be included in pay for performance
(PfP) incentives or a capitated payment model. If
no specific contracts are present with private
payers, pharmacy billing services automatically
default to Medicare regulations.
https//www.247medicalbillingservices.com
1 888-502-0537
4
7 basic facts about Pharmacy Billing Services
  • Conclusion
  • The recent legislation passed in multiple states
    now enables community pharmacists to offer
    clinical services through collaborative protocols
    with physicians. But there are specific rules
    under which a pharmacist can practice.
    Pharmacists need to practice in a range of varied
    environments and based on that, and the CMS rules
    regulations, they need to go through the maze
    of billing policies and procedures to help
    increase their revenues.
  • We hope these facts will ensure minimal impact on
    pharmacy billing and coding services.

https//www.247medicalbillingservices.com
1 888-502-0537
5
7 basic facts about Pharmacy Billing Services
About 24/7 Medical Billing Services 24/7
Medical Billing Services is the nations leading
medical billing service provider catering
services to more than 43 specialties across the
entire 50 states. You can rely on us for
end-to-end revenue cycle management. We guarantee
up to 10-20 increase in the revenue with cost
reduction of your practice for up to
50.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel 1 -888-502-0537 Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537
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