Does your practice treat patients that are over the age of 65? If you do, you have a deadline to meet. On June 1, 2015 Medicare is going to get all up in your business and you better be prepared because if you have ever dealt with government paperwork, you know it can be a long process.
Now you might be thinking, “We don’t bill Medicare so how will this affect me?” Well, if you write prescriptions to patients who have Medicare Part D prescription coverage, these prescriptions will not be covered. If you perform a Medicare covered service (such as biopsies, CT scans, some TMJ services, and airway appliances), these services will be denied and you will not be able to bill the patient. This is how Medicare will affect you and your patients.
What you need to know . . .
You have three choices when it comes to deciding which way your office is going go with the June 1st deadline.
- You can enroll as a Medicare provider. If you choose this path, your office will be required to comply with all Medicare regulations, including the fee schedules.
- You can opt-out as a Medicare provider. If you choose this, you will be required to fill out an affidavit every two years to keep it current and you will be required to enter an opt-out contract with each Medicare covered patient you treat in your practice.
- You can choose to be an ordering/referral provider if your office does not perform any Medicare-covered procedures or prescribe medication but you may refer to doctors that do.
The path will be different for each office so I am going to give you some resources so you can do some research and find out which path is best for your office. Also, if you are looking for advice on what is best for you, I am providing two amazing industry leaders in this topic you can contact.
CLICK HERE for enrollmentFor one-on-one coaching on this topic:
Teresa Duncan
teresa@odysseymgmt.com
Terri Bradley
Info@terribradleyconsulting.com
Christine Taxin
Ctaxin@links2success.biz
Do you treat patients over the age of 65?
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