2024 Out-of-Network Billing Rules: Higher Reimbursements Ahead

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Original price was: $349.00.Current price is: $249.00.
Original price was: $399.00.Current price is: $251.00.
Original price was: $349.00.Current price is: $254.00.
Original price was: $349.00.Current price is: $255.00.

Mastering Out-of-Network (OON) billing is necessary for healthcare practices aiming to optimize their reimbursement process and increase their patient base. It involves understanding the intricacies of insurance policies and leveraging this knowledge to ensure that claims are submitted correctly and efficiently. A key aspect is learning the various techniques that can aid in the successful submission of OON claims, which can significantly impact the financial health of a practice. Clarification of the rules surrounding Out-of-Network benefits allows for better communication with beneficiaries and helps in setting realistic expectations regarding their coverage.

Practices also face the challenge of patient satisfaction, as Out-of-Network claims can lead to higher patient out-of-pocket costs. Claims may be paid directly to the patient, applied toward the patient’s deductible, or fully denied if the patient lacks Out-of-Network coverage. These factors contribute to the financial burden on patients and the practice. Effective management of ONN billing is important for maintaining patient satisfaction and ensuring the financial stability of healthcare practices.

A proficient billing team is instrumental in navigating the complexities of OON billing. They must be adept at identifying common reimbursement issues and employing strategies to resolve them effectively. This includes being familiar with the payer’s guidelines, understanding the nuances of patient agreements, and staying updated with the latest billing practices. When these elements are in place, the likelihood of receiving accurate and complete reimbursement increases, which is the ultimate goal for any healthcare provider operating outside of insurance networks.

Additionally, continuous education and training in OON billing can empower the billing staff, providing them with the tools and confidence needed to tackle challenges that arise. This proactive approach not only streamlines the billing process but also minimizes the risk of claim denials and delays. In turn, this leads to a more stable revenue cycle and a stronger financial foundation for the practice.

Mastering OON billing is not just about getting reimbursed; it’s about creating a system that works efficiently and effectively for both the healthcare provider and the patient. It’s about ensuring that every step of the billing process, from the initial patient encounter to the final payment, is handled with precision and care. With the right techniques and a knowledgeable team, successful OON billing is not just an aspiration but a tangible achievement.

In summary, mastering OON billing is a complex process that requires a deep understanding of insurance policies, meticulous attention to the billing process, and proactive management of potential risks and challenges. With the right strategies and a knowledgeable team, healthcare providers can navigate these challenges and achieve successful reimbursement for out-of network services.

Learning Outcomes:
  • Provide information for practices to make informed decisions on OON billing and when to accept OON patients
  • Understand the billing process for services rendered outside of a payer’s network
  • Understand discounts for OON claims and how to stay compliant with industry regulations
  • Understand strategies such as Single Case Agreements, prior authorizations, and benefit verification
  • Recognize the link between patient experience and the billing process
  • Learn how to communicate effectively with patients regarding their financial obligations
  • Gain an understanding of the No Surprises Act
  • Learn how to effectively appeal Out-of-Network denials
Areas Covered in the Session:
  • Understand different types of insurance
  • Out-of-Network billing options
  • No Surprise Act guidelines
  • Financial Communication
  • Deductibles (In-Network vs Out-of-Network)
  • Discounts
  • Assignment of benefits
  • Coordination of benefits
  • Prior authorizations
  • Benefit verification
  • Record requests
  • Denials
  • Patient experience
  • Single case agreements
  • Live Q&A session
Recommended participants:
  • Healthcare Administrators
  • Physicians
  • Non-Physician Practitioners
  • Practice Managers
  • Billing Managers
  • Out-of-Network Providers
  • C-level Executives
  • Office Managers
  • Medical Billers
  • Medical Coders
  • Office staff and Billing Managers
  • Medical Billing Companies
  • Providers Office Staff
  • Hospital Revenue Cycle Staff
  • Credentialing Staff
  • Medical Providers who are Involved in the Payment Process of their Practice
Presenter Biography:

Jan Hailey, MHL, CMC, CMCO, CMIS, CMOM, CMCA-E/M, has more than 30 years of experience in healthcare. She is proficient in administration, coding, and billing roles, and teaches medical office professionals around the country how to excel in their careers.

Jan’s affinity for teaching has helped countless healthcare providers and medical office professionals over the years. During her expansive career, she has led comprehensive interdisciplinary teams working closely with providers, management, staff, communities, and payers to develop strategies for process improvement, quality gap closures, and patient experience.

Jan has a Master of Health Leadership degree and five professional certifications in office management, coding, insurance processing, auditing, and compliance. She is a WPS Government Health Administrators (Medicare) Provider Outreach and Advisory Group member and has also been instrumental in Workforce Development Initiatives.

Additional Information:

After registration, You will receive an email with login information and handouts (presentation slides) that you can print and share with all participants at your location.

System Requirement:
  • Internet Speed: Preferably above 1 MBPS
  • Headset: Any decent headset and microphone which can be used to talk and hear clearly
Can’t Listen Live?

No problem. You can get access to an On-Demand webinar. Use it as a training tool at your convenience. For more information, you can reach out to the below contact:
Toll-Free No: +1 800-757-9502
Email: cs@waymoreeducation.com