Monox Billing Services Mactober Fest Highlights
Posted by Michael Sigman on Wed, Nov 03, 2010 @ 01:25 PM
The Palmetto Medicare conference, Mactoberfest, took place in sunny Palm Springs, California this year. Monox Billing services was in attendance to stay on top of the ever changing government regulation. We thought we might share some of the more interesting statistics, as well as some of the event highlights in our next few blog posts. One thing that was made apparrent was the proposed crack down on fraudulent billing. In lieu of the recent economic trends it was reported that an estimated 12.4% of government funds, approximately 46 billion dollars, is paid annually on fraudulent or erroneously billed claims. It was announced that Obama intends to have this percentage halved by next year through prevention and detection rather than a “pay and chase” policy Medicare has been using. Working in anesthesia billing, we knew that this was really half the story. Billing services who have dealt with Palmetto know the difficulty involved in getting setup, getting clear answers, and solving issues. The level of frustration of attendees was obvious when the entire audience clapped as someone questioned the integrity of the Palmetto Customer Service Staff due to their policy of not being able to reveal the correct billing technique when approached with billing errors.