Billing Services Agreement For Physical Therapy

State:
Multi-State
Control #:
US-02309BG
Format:
Word; 
PDF; 
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Description

The Billing Services Agreement for Physical Therapy is a legal document that outlines the relationship between a medical billing company and a healthcare provider. This agreement details the scope of billing services offered, including insurance claims processing and management reporting. Key features of the form include clear communication of fees, confidentiality requirements regarding patient information, and provisions for termination with a written notice. Users are instructed to fill in specific details, such as dates and payment terms, and must ensure accuracy in the claims information provided. The form serves various purposes for attorneys, partners, owners, associates, paralegals, and legal assistants by ensuring compliance in billing practices, protecting confidentiality, and providing a structured framework for healthcare billing services. Additionally, users can refer to sections outlining setup fees and late payment penalties to maintain financial clarity and transparency in their transactions. This agreement is essential for any medical professional seeking to outsource billing responsibilities while ensuring a legal and efficient workflow.
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FAQ

Enter the 8-Minute Rule If eight or more minutes are left over, you can bill for one more unit; if seven or fewer minutes remain, you cannot bill an additional unit.

For a physical therapist to bill a single billable unit, they must provide at least 8 minutes of a particular service. For instance, if a therapist performs 8 minutes of manual therapy, they can bill one unit for that service. As the duration of the service increases, so does the number of billable units.

8-Minute Rule Basics (This rule also applies to other insurances that have specified they follow Medicare billing guidelines.) Basically, a therapist must provide direct, one-on-one therapy for at least eight minutes to receive reimbursement for one unit of a time-based treatment code.

Medicare 8-minute rule TimeUnits23 ? 37 minutes2 units38 ? 52 minutes3 units53 ? 67 minutes4 units68 ? 82 minutes5 units2 more rows

A unit refers to the length of a treatment session. For timed units (like manual therapy), add together the total timed minutes on a specific date. Then, divide that number by 15 to determine how many units you can bill. If more than 8 minutes of total time are left, you can bill an additional unit.

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Billing Services Agreement For Physical Therapy