The flu is on steroids this year. At least, that's how it seems as it travels across the country, making its powerful punch felt ahead of schedule (it typically peaks between January and March). As a result, pharmacies, doctors and hospitals have seen increased volume and demand for treatment since mid-December.
While the number of flu cases eventually will taper off, the medical industry will stay relevant and profitable. TFP Data Systems recognizes this and has positioned itself as an expert in the market. In fact, the company has been working directly with the National Uniform Claim Committee (NUCC) on the development and distribution of the latest revision of the 1500 Health Insurance Claim Form (version 02/12). The updated form is set to feature a host of changes, including the addition of eight lines for diagnosis codes in Item Number 21 and the addition of a QR code in the upper left-hand corner. According to Jim Magdaleno, product manager for Oxnard, California-based TFP Data Systems, the proposed changes have been approved by the NUCC, but the Office of Management Budget (OMB) must give final approval.
To facilitate the transition for its partners, TFP's Compliance Team put together a white paper covering important points and frequently asked questions (FAQs). Here, Magdaleno details the thought process behind this promotional tool.
Print+Promo (P+P): Please briefly describe a promotion of yours that you consider one of TFP Data's best?
Jim Magdaleno (JM): TFP Data Systems developed an informational four-page white paper highlighting the new CMS-1500 health care billing form. The CMS-1500 is the most widely used form in the United States. And whenever there's a change, our partners enjoy a significant spike in sales. The goal of the white paper was to inform the dealers about the new form, detail the changes and answer FAQs they may encounter from customers. All of this information was geared to help them prepare for the opportunity and educate their staff about the updates.