Is your practice using the most current fee schedule?

Medical billing doesn’t stay the same from year to year. Updates to CPT codes, ICD-10 codes, and payer fee schedules happen regularly, and keeping your billing system current is essential for a healthy revenue cycle. 

            Using an outdated fee schedule is like following an old map. You may eventually get where you’re going, but you’ll likely run into unnecessary delays and obstacles along the way. 

            When practices continue billing with outdated codes or fee schedules, they may experience claim denials, payment delays, and underpayments.

This Week’s Tip!
Take a few minutes to verify that your practice has: 
The current year’s CPT and ICD-10 updates.
Updated payer fee schedules in your billing system.
Current rates that reflect your payer contracts.
These simple checks can help improve claim accuracy, reduce denials, and support reimbursements in a timely way. 

Staying Current Has Benefits
Keeping your fee schedules up to date can help your practice:
Reduce preventable claim denials.
Improve first-pass claim acceptance.
Receive more accurate reimbursement.
Minimize time spent correcting billing errors.
Support a healthier and more efficient revenue cycle. 
Even small improvements to your billing process can make a noticeable difference over time. 

            At B², we believe successful revenue cycle management is built on consistency, attention to detail, and strong relationships. We value trust, open communication, and treating every client like an extension of our own team. We take the time to understand each practice’s unique needs and work alongside them to help create lasting success for their companies and patients. Keeping your fee schedules current is one simple way to protect your revenue, and we’re here to support you every step of the way. Staying current today helps your practice avoid unnecessary challenges tomorrow.