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Implications for cardiology nurse practitioner billing: a comparison of hospital versus office practice
Lori Hull-Grommesh1, Elizabeth Fuselier Ellis, Thomas A Mackey
1Operations for Advanced Practice, Memorial Hermann Hospital, Texas Medical Center, and School of Nursing, University of Texas Health Science Center at Houston, Houston, Texas 77030, USA. Cardiac-Kid@att.net
Insights
Cardiology nurse practitioners (NPs) can improve healthcare reimbursement by understanding and utilizing various Medicare billing practices. This knowledge helps offset declining reimbursement rates for professional services.
Area of Science:
- Cardiovascular Nursing
- Healthcare Reimbursement
- Medicare Billing
Background:
- Declining reimbursement rates for professional services in healthcare.
- Increasing complexity and cost within the healthcare system.
- The critical role of advanced practice providers in healthcare economics.
Purpose of the Study:
- To examine the implications of cardiology nurse practitioner (NP) billing.
- To compare and contrast inpatient versus outpatient Medicare billing practices for NPs.
- To provide clarity on complex billing methods for cardiology NPs.
Main Methods:
- Literature review of selected articles.
- Analysis of relevant textbooks.
- Examination of government websites detailing Medicare billing.
Main Results:
- Nurse practitioners (NPs) can significantly impact declining reimbursement rates.
- Cardiology NPs can enhance institutional reimbursement quality.
- Patient safety can be improved through effective NP billing strategies.
Conclusions:
- Cardiology NPs play a vital role in navigating and improving healthcare reimbursement.
- Understanding independent, shared, and incident-to billing is crucial for NPs.
- Strategic billing by NPs can mitigate financial challenges in healthcare delivery.
Purpose:
To discuss the implications for cardiology nurse practitioner (NP) billing and compare and contrast inpatient Medicare billing practices versus outpatient Medicare billing practices.
Data Sources:
Selected articles, text books, and government websites.
Conclusions:
In today's complex and expensive healthcare system, there has been a steady decline in the reimbursement rate for professional services to hospitals and physicians. NPs can have a significant impact on reducing this decline by billing for services provided.
Implications For Practice:
The cardiology NP can enhance institutional reimbursement quality and patient safety. The different billing methods such as independent billing, shared billing, and incident to billing by the cardiology NP can be complex.
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