Billing & Insurance

Understanding Your Billing

We believe in transparency. Here's everything you need to know about how billing works at Novus as an out-of-network practice.

Out-of-Network Practice

We thank you for entrusting us with your health needs. We understand how insurance paperwork can sometimes appear confusing or even alarming, and we'd like to take a moment to clarify the billing process, expected statements, check endorsement instructions and policies in an out-of-network setting.

What Are These Amounts Billed?

When medical services are provided, each procedure is assigned a standardized CPT code (Current Procedural Terminology). These codes are universal and required by law. Once entered, the system automatically generates the cost based on geographical region — in this case, New Jersey. These rates are not set by our practice, but rather by national billing standards and CMS guidelines.

In-Network vs. Out-of-Network Billing

In-Network

Providers bill a contracted (often lower) rate, but insurance also reimburses at a lower rate. For example, if a provider bills $100, the insurance may only pay $25–$50, leaving the patient responsible for the balance or copay.

Out-of-Network (Novus)

Out-of-network providers must bill the full standardized rate. For instance, a $500 charge might result in insurance covering $200–$250. What is reflected on the insurance EOB is not necessarily what the patient owes.

Important: By law, medical services cannot be performed without being billed through insurance. It is not compliant — and in fact is against federal and state regulations — to render medical services without appropriately billing them.

Why Are There Two of the Same Codes?

With the nationwide transition from ICD-9 to ICD-10 coding in 2010, certain services — such as those performed on each foot — must now be billed separately. This is a compliance requirement and not something our practice has the ability to adjust.

Our Indigency Policy

We want to reassure you that we have an indigency policy in place to help protect our patients from excessive out-of-pocket costs. The only requirement is that insurance checks are endorsed over to the practice, ensuring you are not personally liable beyond what your plan requires.

Our indigency policy protects you from excessive out-of-pocket costs

Simply endorse insurance checks over to the practice

You are not personally liable beyond what your plan requires

Understanding Your EOB

An Explanation of Benefits (EOB) is a document that comes directly from your insurance company — not from our practice. The EOB explains how your insurance processed a claim, including what was covered, what was paid, and if there is any remaining balance.

About Insurance Checks

In some cases, insurance companies send payment checks made out in the patient's name instead of sending them directly to our office. These checks must be endorsed and forwarded to our practice so the payment can be applied to your account. If these checks are not endorsed and returned, the balance may remain outstanding.

What to Expect in the Mail:

From Your Insurance

Explanation of Benefits (EOB)

Shows how your claim was processed, what was covered, and what was paid.

From Our Office

Office Statement

Shows payments issued by your insurance. Includes a pre-postaged envelope if a check needs to be forwarded.

Quick Guide:

  • If you have already endorsed and provided the insurance check to our office, you may disregard the statement.
  • If the statement reflects a payment you have not yet sent, use the included pre-postaged envelope to mail the check directly to our office.

What to Expect: Cost Transparency

We believe in full transparency regarding costs. Here's what to expect as a patient at our out-of-network practice:

Initial Consultation

Your first visit includes a comprehensive evaluation. We will verify your insurance benefits and explain your estimated out-of-pocket responsibility before any procedures are performed.

Good Faith Estimate

Under the No Surprises Act, you have the right to receive a Good Faith Estimate of expected charges for scheduled services. We provide this in advance so there are no surprises.

Payment Options

We accept all major credit cards, HSA/FSA cards, and offer payment arrangements for qualifying patients. Our team will work with you to find a solution that fits your needs.

Free Benefits Verification: Call (844) 668-8773 and our team will verify your out-of-network benefits at no charge before your first appointment.

Billing FAQ

Why are the billed amounts so high?

The amounts are standardized CPT codes generated based on your geographical region (New Jersey). These rates are set by national billing standards and CMS guidelines — not by our practice.

Will I owe the full amount shown on my EOB?

No. The EOB shows the billed charge versus what insurance chose to pay. Under our indigency policy, you are not personally liable for the difference as long as insurance checks are endorsed to our practice.

What should I do with insurance checks made out to me?

Endorse the check (sign the back) and forward it to our office. We include a pre-postaged envelope with your statement for convenience.

Why are there duplicate procedure codes on my bill?

Under ICD-10 coding (since 2010), services performed on each foot must be billed separately. This is a compliance requirement.

What happens if I don't return the insurance check?

If checks are not endorsed and returned, the balance may remain outstanding on your account and could eventually be subject to collections.

Do you accept insurance?

We are an out-of-network practice. We bill your insurance on your behalf, and most plans provide out-of-network benefits. Our team can help verify your coverage.

Have billing questions?

Our team is always here to answer questions and assist you in navigating your insurance coverage.

Novus Regenerative

NOVUS

Renew • Restore • Revitalize

Services

  • Regenerative Therapy
  • PRP & Peptide Treatments
  • Orthotic Systems
  • Ultrasound-Guided Care
  • Aesthetic Regeneration

For Practices

  • Clinical Protocols
  • Staff Training
  • Technology Integration
  • Business Optimization
  • Partnership Programs

Contact

  • (844) 668-8773
  • info@novusregenerative.com
  • events@novusregenerative.com
  • novusregenerative.com

Out-of-Network Provider — Novus Regenerative is an out-of-network practice. We offer free benefits verification before your first visit.

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Treatments are designed to support the body's natural healing processes. Individual results may vary. This website does not provide medical advice.

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