Stop Leaving Money on the Table: Infusion Billing Tips for More Revenue

Infusion services are a critical revenue stream for many healthcare practices. By optimizing billing practices, practices have the opportunity to significantly boost their revenue. Even a slight improvement in reimbursement rates for each infusion can add up to substantial gains over time. Without proper attention to billing, practices may be missing out on additional revenue that could greatly benefit their financial health.

The Complexities of Infusion Billing

Infusion billing can be quite complex, and even minor errors can result in significant revenue loss. At Svast Healthcare Technologies, our experienced staff ensures that your practice isn’t leaving money behind by focusing on the following key aspects of infusion billing:

Start and Stop Times

Accurately documenting start and stop times is critical. Even a one-minute error can affect whether an infusion is billed as a “push” or “long charge.” For infusions longer than 15 minutes, billing should reflect a long charge. However, if stop times aren’t recorded, it defaults to a push charge, which reimburses less. By ensuring precise documentation, we help you avoid missed billing opportunities.

Hierarchy of Drugs

When administering multiple drugs during an infusion—such as a therapeutic drug along with a chemo drug—it’s crucial to bill the initial drug as chemo, as it offers the highest reimbursement. This requires a deep understanding of billing codes and drug hierarchies. Our skilled coders make sure your practice captures the maximum reimbursement for each infusion.

Correct Unit Calculations

Billing for the correct number of units is essential to ensure you get paid the full amount owed. Mistakes in calculating the units of drugs administered during an infusion can lead to underpayments. Our team is trained to meticulously calculate the right number of billable units for every infusion, ensuring you’re not shortchanged.

Avoid Revenue Leakage with Expertise

Instead of relying on automated systems, we bring years of experience and attention to detail to your infusion billing processes. Our team is well-versed in the complexities of billing codes, drug hierarchies, and the nuances of start/stop times. This level of expertise helps your practice avoid costly errors that could otherwise go unnoticed.

By partnering with Svast Healthcare Technologies, your practice can achieve up to a 10% increase in infusion revenue, simply by optimizing your current processes.

Want to know how much infusion revenue your practice is leaving on the table? Contact Svast Healthcare Technologies to learn more about our tailored infusion billing solutions and how we can help you maximize your practice’s revenue.