The practice of writing off small balances is common across the medical billing industry, but the threshold for doing so varies wildly from practice to practice. The question you need to be asking is whether you’re losing money because of your write-off policy. Vachette and Stark Medical Auditing CEO Mick Raich explains:
Who's reviewing revenue strategy with you at this time?
Are you billing all the correct CPT codes? You’d be surprised at what you might be missing. We will review your Fee Schedule/Charge Master at no cost.
That’s right. For free.