132x Filetype PPTX File size 1.42 MB Source: www.aspenlaser.com
Objectives – Improve Practice Revenue – Find New Patients – Grow Your Practice Planning Self Analysis Who are you? What do you do? Why are you good at it? Where are you? What do I need to do next? Practice Analysis Understanding your demographic Brand Reputation: Rethinking Your Strategy for the Future Quality of Product Know Future Trends Value Proposition: What's Yours? When was the last time your Company conducted a "Brand Audit"? Reimbursement Options • Billing Codes • Cashed Based Service Billing Codes 97039: Attended Modality, Unspecified This is a code that is also being used to bill for attended modalities. The problem with the code is that, being unspecified, it can be rejected by some insurance carriers or hand audited, and will need to be resubmitted. Make sure you have a one-page description of the treatment if a carrier wants more information. Use of the code 97039 requires that you attach to your claim form a definition of what device you are using and an explanation of what a Laser device does. This means submitting a paper claim with an attachment, which slows down your reimbursement. Note: The Relative Value Unit (RVU), used in pricing services, on the 97039 code is only .31 Using 97039 along with the modifier–KF tells the payer that it is a “level 3 Medical Device” that you are using. 97039: Attended infrared therapy or 97039: Attended laser therapy 97139: Unlisted Therapeutic Procedure One-on-One. The strength of the code is that it tells the insurance carrier that the doctor is spending direct treatment time with the patient. The weakness of the code is that an unlisted procedure is more likely to be closely inspected by an insurance carrier. 97139: Photonic Stimulation: Constant attendance 97026: Infrared This code is for infrared light therapy. The problem with this code is that it is a code for a heat lamp. Thus, reimbursement can be quite low, although for some practitioners, Medicare reimburses it. To improve reimbursement, try listing it as an attended modality or adding a –22 or an “unusual procedural services.” Three ways these codes can be used: 97026: Attended photonic stimulation 97026: Attended infrared light therapy 97026-22: Attended infrared therapy * Ideal Cash Based Business Patients are willing to pay for results. In comparison to other treatment modalities, Laser Therapy offers: Quick Treatment Most treatments take 3 – 12 minutes. Painless There is no pain with a laser therapy treatment. Positive Experience Most patients experience a “soothing warmth sensation”. No messy gels are required No complex wires or harness are used Affordable Whether included as a bundled service or as a stand alone treatment, laser therapy is affordable High Compliance Patients are motivated to return for additional treatments when they experience pain relief and recovery Future Patients are more likely to return in the future, when they experience new or recurring injuries or pain Referrals Happy patients like to refer their family and friends
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