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Category: Medicare

The Top Reason You’re Not Getting Paid for Acupuncture

There are numerous errors that can cause your insurance claims to be denied or delayed, resulting in your holistic practice not being paid on time for your services.

Holistic Medicine VS Western Medicine: What’s the Difference?

What is holistic medicine? More Americans than ever before are embracing holistic healthcare over conventional medicine, with nearly 40% of adults using some form of alternative medicine. Whether it’s to alleviate chronic pain, reduce stress, or for other benefits, there are countless holistic approaches to prevent, treat, and manage almost every condition or illness. But what exactly […]

How to pick an insurance biller for your holistic practice

When owning a holistic practice, one of the most important things to consider is how to handle insurance billing; this can be tricky and time-consuming, but ensuring that your patients receive the reimbursement they are entitled to is essential. As a holistic practitioner, choosing an insurance biller who understands the unique needs of your practice, […]

Projecting cash flow in a medical practice

Cash flow is the amount of cash a business generates and uses in a given period. Understanding cash flow as part of your business plan is essential to ensure that the practice has enough money to pay its bills and invest in its future growth. Projecting cash flow in a medical practice can be daunting, […]

New for 2023: Acupuncture CPT Codes for Medical Billing

  Did you know that roughly 30% of medical billing claims are rejected? That’s a significant chunk of your overall healthcare revenue cycle that will cost you in the short and long run. These claims might be rejected for a few reasons – a key one which is inaccurate coding. That’s why it’s essential for […]

Medicare Billing: 3 Tips For Your Holistic Practice

If you’re on the fence about opening up your practice to patients covered by Medicare, but you’re dubious of the extra workload dealing with billing Medicare for services rendered, then you’ve come to the right place. Expanding your pool of patients to include those covered by Medicare is limited depending on your specialty—primarily acupuncture or […]

Chiropractic Medicare Billing Coverage: New Bill Would Help Millions

As the healthcare industry continues to fight the opioid epidemic and encourage the use of drug-free alternatives to managing pain and other chronic conditions, it’s important to also expand coverage to enable such movements to spread. Particularly, expanding chiropractic Medicare billing coverage is a vital effort to improve access to drug-free alternatives for seniors covered […]

What Is a Relative Value Unit? (+ How It Impacts Medicare Billing)

At Holistic Billing Services, we know that trying to make sense of the medical billing cycle can be confusing and intimidating. There are so many acronyms to learn and putting the pieces of the massive puzzle can feel impossible like Relative Value Unit (RVU); we’re here to help break down the process and explain some […]

HITECH Compliance and Your Holistic Practice: Top Essentials to Know

Did you know that healthcare data breaches cost US industries $6.2 billion per year? With such a high cost, it’s more critical than ever to ensure that your holistic practice is taking the best steps possible to avoid a breach and safeguard your patients’ information. One critical method for ensuring the privacy and safety of […]

Medicare and Acupuncture: New Bill Would Expand Coverage

In recent years, there have been tremendous advances in legislation expanding the coverage that Medicare provides to millions of seniors around the country. In particular, expanding coverage to include holistic medicine has been most notable with the recognition—albeit limited recognition—of acupuncture services to treat chronic lower back pain which happened in early 2020. This relationship […]

The Ultimate HIPAA Cheat Sheet to Help You Manage Compliance for Your Holistic Practice

One vital component for your holistic practice’s success is maintaining HIPAA compliance because it protects patient information, secures your operations, and prevents the chance of a breach that can greatly impact your practice’s reputation. We’ve compiled this comprehensive HIPAA cheat sheet to help you further understand this important legislation and how it pertains to your […]

How to Prevent CMS Audits for Holistic Practices

Treating Medicare patients not only entails serving a greater population in your community, but it also means that your holistic practice may be subjected to Medicare audits. These can lead to suspension of payments and Medicare fees if your holistic practice isn’t up to snuff with current regulations and laws.  Unfortunately, healthcare waste, fraud, and […]

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