Written by Reed Tinsley |
January 16, 2017
Medicare is reminding healthcare providers that it will not pay duplicate claims for the same service encounter. Medicare (and other payers for that matter) will pay the first claim that is approved and deny subsequent claims for the same service as duplicates. Although Medicare is prohibited by law from paying claims immediately, over 90 percent of clean, payable claims are paid within 30 days. Refer to the Medicare Quarterly Provider Compliance Newsletter [Volume 5, Issue 2] for more information.
About the Author
Reed Tinsley CPA
This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on
accounting & tax,
practice management, and
financial planning.
Schedule a Free Consultation.
Have questions? I’m here to help.
