Newbie biller with a quick Medicare question.
We billed a patient for a 90862 visit. Charge was $150, Medicare allowed $56.94 and paid $45.55. So is the correct procedure to collect the $24.95 copay + the $45.55 medicare paid and write off the remainder ($79.50). Just want to make sure I'm doing this correctly.
We are out-of-network with all commercial insurances so I typically bill patients for whatever insurance doesn't pay, but I know with Medicare I can only collect the copay Medicare allows plus whatever Medicare pays. Just wanted to run this by you to see if I'm understanding this correctly. I have to verify this with the psychiatrist, but I'm under the impression that Medicare in Connecticut allows us to collect a $24.95 copay for all short sessions.
Thanks!
James