Depending on the supply item, Medicare will consider some supplies routine and not separately billable; while others are covered, billable, but packaged and not separately billed. HCPCS codes describe medical equipment and supplies, so insurers know what to expect. Your insurer receives claims with these codes. Afterwards, your insurer calculates your payments based on the code. Codes for HCPCS can show:
To provide you with additional information, the insurer may add a two-digit modifier to the code. A physician, a durable medical equipment manufacturer, or another provider may bill HCPCS codes. Hospitals and ambulatory surgical centers offer direct billing services.
Value of claims processed
Accounts Receivable Days
Turn Around Time (TAT)
Customer Retention
Number of Claims Processed
First Pass Clean Claims Rate
Revenue Improvement
Reduction in A/R