How to Handle Medicare Deductibles at the Start of the YearIn this video, we discuss strategies for managing Medicare deductibles as they reset in January 2025. This guide is tailored for small providers, solo practitioners, and clinics without large administrative teams. Learn two practical options for handling patient billing during the deductible period: delaying claim submission or collecting upfront. We'll explore the pros and cons of each method, including cost-effectiveness, administrative burdens, and tips for navigating the Medicare MAC portal.Key Topics Covered:Medicare deductible basics for providers.When to delay claim submission.Collecting at the time of service and issuing refunds.Minimizing administrative and processing fees.Don't let Medicare billing challenges overwhelm you—get equipped with actionable advice to streamline your processes!Chapter Titles and Timestamps:0:00 Introduction: Medicare Deductibles Reset in January0:31 Target Audience: Small Providers and Solo Practitioners0:46 Option 1: Delaying Claims Submission1:20 Case-by-Case Assessment: Handling Ongoing Care Patients1:58 Using the MAC Portal: Verifying Deductible Status2:24 Option 2: Collecting Upfront from Healthy Patients2:52 Refund Process: Managing Overpayments3:08 Credit Card Fees: Considering Hidden Costs3:29 My Preferred Approach: Waiting for Other Providers to Satisfy Deductibles3:53 Conclusion: Choosing the Best Strategy for Your Practice🔗 Connect with Anthony MaritatoWebsite: www.choosept1st.comLinkedIn: https://www.linkedin.com/in/anthony-maritato/Pinterest: https://www.pinterest.com/choosept1st/Facebook: https://www.facebook.com/anthony.maritato.73About Me:Hi! My name is Tony Maritato, PT, and I am a physical therapist and practice owner. I created this channel, @LearnMedicareBilling, to help physical therapists, occupational therapists, and speech-language pathologists navigate the complexities of Medicare billing and reimbursement. My goal is to demystify the process and provide practical insights to help you succeed in your practice.Over the years, I've expanded the channel to cover a wide range of topics related to private practice management and growth. From starting your own practice to optimizing your billing processes, you'll find valuable content designed to support your professional journey.Please subscribe and join our community of dedicated therapists!If you would like to mail me:Total Therapy Solutions5900 Long Meadow DrMiddletown, OH 45005#physicaltherapymedicare #occupationaltherapymedicare #speechtherapymedicare #privatepracticegrowth #medicarebilling[: Want to Sponsor This Channel? :]I'm excited to offer sponsorship opportunities on the @LearnMedicareBilling YouTube channel, which focuses on private practice growth and development for PT, OT, and SLP professionals. With nearly 10,000 subscribers, our audience consists of engaged healthcare providers and business owners seeking expert advice on navigating the complexities of Medicare billing and reimbursement.Why Sponsor Us?Gain exposure to a targeted audience of decision-makers in the healthcare industry who are looking for solutions and tools to grow their practices.Sponsorship and Ad Placements Available:👉 Product shout-outs and reviews: $300👉 Sponsored segments within videos: $250👉 Banner ads and logo placements: $250👉 Custom integrations tailored to your brand's needs: Let's DiscussLet’s collaborate and help your brand reach the right audience!Contact Information:Email: tony@totaltherapysolutions.com