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Be vigilant and accurate when billing, because every nickel and dime matters.
A pediatrician once said to me that we are both in a "nickel-and-dime" business. His implication was that we both bill a relatively large number of CPT codes, typically with smaller reimbursements. And, we need to watch every nickel and dime.
For example, he said, it costs him as much money to dispute a claim for a throat culture as it does for an orthopedic surgeon to dispute a claim for a knee replacement.
So, we must be vigilant and accurate when billing to avoid having to appeal when we file claims incorrectly, or when those claims get paid inappropriately.
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