Therapy services, including physical therapy (PT), occupational therapy (OT), and speech-language pathology (SLP), are vital for patient recovery and well-being. Accurate coding and billing are essential for healthcare providers to receive appropriate reimbursement and maintain compliance. This guide provides a detailed overview of therapy service codes, recent updates, documentation needs, and best practices for optimized revenue cycle management (RCM). For many practices, especially small practices, managing this complex process efficiently can be challenging, leading to the consideration of outsourced revenue cycle management or outsourced revenue cycle management services. The Importance of Accurate Coding in Therapy Services: Correctly coding therapy services is fundamental to successful RCM. These codes, primarily from the Current Procedural Terminology (CPT) and Healthcare Common Procedure Coding System (HCPCS), standardize claims processing and ensure regulatory compliance. Pre...
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