The March/April 2015 edition of Family Practice Management highlights an article entitled Immunizations: How to Protect Patients and the Bottom Line (http://www.aafp.org/fpm/2015/0300/p24.html). Dr. Loehr, owner of a private family medicine practice and the AAFP’s liaison to the ACIP shares his wisdom around:
- Not paying too much for your vaccines
- Properly coding for all of the services provided during vaccine administration
- Making sure you are adequately reimbursed for those services
Taking advantage of manufacturer specials and prompt pay discounts along with paying with a credit card with cash back options resulted in even more cash flow to his practice!
CPP has also compiled best practices from other CPP members and leading vaccinators across the country to challenge you to identify vaccine-related waste in your practice (http://www.cppchallenge.com). You can access helpful financial tools (http://www.cppdocs.org/resources-detail.php?id=4) that assist your practice in eliminating this waste including billing & coding webinars, vaccine coding cheat sheets and much more!