What Is Capitation In ABA Therapy?
Healthcare costs in the United States remain the highest per capita of any nation in the developed world. On the face of it, this is due in large part to the fact that the US medical system has the highest pricing structure and remains one of the newly developed nations in the world that still charges its citizens for health services. To help mitigate these alarming statistics, the United States Federal Government and many private payer health insurance organizations [...]
What Is Fee For Service vs Value Based in Healthcare?
Fee For Service or FFS is one of the most common payment methods in the healthcare industry. With this model, a healthcare provider, physician, therapist, or solo practitioner is reimbursed based on the number of services they provide. This includes therapy sessions and the application of specific treatments. Though it’s important to note that in an FFS model payments are not specifically bundled, which essentially means that the insurance provider, health institution, or the government payer agency needs to [...]
What Are Offset Payments In Accounts Receivable?
Accounts Receivable play a critical role in measuring a practice’s incoming revenue. This might be from an insurance company, private payers, public health institutions, or a patient copay. Sometimes referred to as “AR” it effectively refers to the invoices that either patients or insurance companies owe to you as a healthcare provider for the services delivered. It’s especially important for larger medical facilities and clinics, though it is critically important for small medical practices and solo practitioners who rely [...]