Billing Telemedicine

Acccording to the HHS report approximately 61% of all healthcare providers use some form of telemedicine.  And according to the government report on Telemedicine, reimbursement for telemedicine grew by 60% between 2012 and 2013.  That same trend is continuing as the governement and insurance companies are seeing the cost savings of early intervention and improved quality of care for effective telemedicne programs. Currently 48 states Medicaid programs offer some benefit for telemedicine and 32 states have telemedicine parity laws that require reimbursement at the same rate as in-person consultation. Simply put, telemedicine is not going away and in fact it will only grow.  As a medical billing company it is in your best interest to learn everything you can about the billing process, coding, and reimbursement for telemedicine.  It is likely a larger portion of your revenue stream looking into the future.
Source: Bristalgroup