As Audiology transitions to a doctoring profession, one point has never been more clear: the success (or failure) of an audiology practice will depend largely on the audiologist's awareness and understanding of billing, coding, reimbursement and compliance.
Reimbursement is what brings revenue to a business, pays the operating expenses and pays for salaries. Even a busy practice employing state-of-the-art methods and products will suffer if it maintains antiquated office management and billing systems. A strong grasp of reimbursement issues and application of modern office management processes is necessary to run a profitable business. But profit is not the only benefit; a well-managed business creates a lasting impression of professionalism.
Health insurance is an integral component of American life; therefore, it is incumbent upon Audiologists to be active, knowledgeable and savvy participants in the managed care arena if they want to be part of a viable, autonomous health profession.
This reimbursement section is designed to offer tools and resources to help busy practitioners stay on top of this ever-evolving reimbursement arena. If you have a resource you would like to suggest or have identified a need that is not addressed, contact us (select Professional Inquiries) with your suggestion. And don't forget to visit the reimbursement forum for support from other members.
DISCLAIMER: The foregoing information is provided as a resource for our members. It is not intended and should not be construed as an endorsement of any of the vendors or their products or services; as such, ADA makes no warranty whatsoever, either express or implied, including the warranties of merchantability and fitness for a particular purpose regarding any of the products listed above and makes no recommendation as to the accuracy or suitability of the information for your particular situation. ADA members are encouraged to seek legal counsel to ensure compliance and are responsible for their own knowledge of both federal and state policies as it pertains to HIPAA. Neither ADA, nor any of its officers, directors, agents, employees, committee members or other representatives shall have any liability for any claim, whether founded or unfounded, of any kind whatsoever, including, but not limited to, any claim for costs and legal fees, arising from the use of these opinions. |
