NPI 101: Everything Audiologists Need to Know
An NPI (National Provider Identifier) is essential for audiologists when billing insurance and processing claims. Learn the difference between Type 1 and Type 2 NPIs, how to apply, and why keeping your NPI updated is crucial for smooth operations. Understand how Type 1 NPIs are for individual providers, while Type 2 NPIs are for healthcare organizations. Proper NPI management ensures accurate billing, compliance, and better patient care
Medicare & Audiology Questions Answered
As audiologists navigate Medicare’s complex compliance requirements, understanding key regulations—like mandatory claim submission and limits on opting out—is essential. For those considering selling a practice to a manufacturer, compliance risks only increase, with potential consequences such as financial penalties, loss of licensure, or exclusion from Medicare. This post breaks down crucial Medicare guidelines, highlights the importance of maintaining compliance, and explains why investing in legal consultation can protect both your practice and professional future.
Skating Too Close
Skating too Close May 28, 2024 Author: Kellye St. Claire, MHA In the realm of healthcare, particularly when it involves federal spending, the Stark Law and Anti-Kickback Statute are pivotal in ensuring that patient care decisions are based on medical need and not influenced by improper financial incentives. Let’s explore these regulations and consider their […]
Oticon Chooses Value Over Volume
By choosing value over volume and excluding their new Intent line from managed care formularies, Oticon is setting a new standard. This strategic choice has far-reaching implications. It proves that exclusivity not only enhances the patient experience but also solidifies the financial foundation of private practices.
Hear me out.
Data is Your Greatest Strategic Asset
Author: Kellye St. Claire, MHA February 24, 2024 Are you ready for a challenge? How many questions below can you confidently answer about your hearing aid practice: What’s the average number of visits a patient makes during the manufacturer warranty period? How many first time users did you fit last year? What is your highest […]