Healthcare providers receive remittance advice from either insurance companies or patients (payers) when payments are being made for medical services. But, how often and why? Let’s find out!
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Pro Tip: Effectively Applying the 8-Minute Rule
Each CPT code gets billed using either service-based units or time-based units. Those that use time-based units require more effort than just submitting how long the appointment was. Providers need to calculate the time it took for each task. They then identify how many units to include within the claim using the 8-minute rule.