How Many Thou$and$ Are You Missing In Your Allergy Program?
Let us do a quick and easy analysis to find out. Most clinics are leaving more than $10,000/yr unrealized.
Missing Tests Means Missing BIG Revenues
- NET CMS Reimbursement for an 80 Panel test is AT LEAST $175 and can exceed $500 per test.
- If your clinic misses just 3 pts in a week, annual loss is AT LEAST $27,000 and can exceed $75,000!
- We find most clinics miss more Pts than that, and lose 10s of $1000s/Year
…and those figures pertain to the testing alone. You’d also miss revenues for all those missed clinic visits for testing, and a lot of revenues for visits for treatment plus the treatments themselves.
Top 3 Reasons Most Clinics Miss Out On Testing LARGE Numbers of Patients For Whom Allergy Testing Is Indicated:
- Not Using the Pt Symptom Survey to Best Advantage
- Not Checking For Allergy-Related ICD-10 Codes
- Asking If Pts Want Testing, Rather That Telling Them They Need It
The Patient Symptom Survey for allergies should be in your ordinary paper-based or digital patient intake and medical history process and patients with such symptoms should be told they should be tested. If the survey is only deployed on testing day, or only if a patient asks about allergy, you will miss most patients for whom medical necessity to test could be easily established. Reviewing allergy-related ICD-10 codes in the table nearby with your billing department or partner will likewise detect big numbers of patients to be tested.
Let Us Do a Quick & Easy Analysis to Determine Whether Your Clinic Is Missing Out On a Substantial Number of Tests
- Billing department or partner looks for 5 sample IPT-10 Codes
- Reports the count of Pts with those diagnoses over the past 90 days
- We compare that count to your clinic's purchasing records
By simply counting the number of patients who were billed in the past 90 days for a few sample allergy-related IPT-10 codes to the number of tests your clinic performs based on past purchasing records we can easily tell if you’re missing substantial numbers of medically necessary testing opportunities. We can work with your billing department or partner to get the first figure (anonymized and HIPPA-compliantly, of course). We have the second figure in our own records. If we find a substantial mismatch, we’ll work with you to correct it and boost your bottom line almost immediately.
