The relationship with your medical billing company should be a close one – after all, you are trusting them with the lifeblood of your business – your revenue and cash flow. If you are like most practices, you depend on their expertise, workflows, and professionalism to pay your staff and keep the lights on. […]Read More
The following trends will be major healthcare topics in 2019 Healthcare is constantly evolving and innovating with new technology or new workflow procedures. This means we can begin looking at healthcare trends you’re likely to see in the coming year. Changes to the way physicians and medical practices handle their billing, along with emerging research, and new technologies will […]Read More
October news from the Centers for Medicare and Medicaid Services (CMS): Oct. 31, 2018 CMS finalizes calendar year 2019 and 2020 payment and policy changes for Home Health Agencies and Home Infusion Therapy Suppliers The CMS has issued a final rule [CMS-1689-F] setting out finalized Calendar Year (CY) 2019 Medicare payment updates, finalized quality reporting […]Read More
The Centers for Medicaid and Medicare Services (CMS) issued its annual update to the Medicare Physician Fee Schedule The CMS issued a final rule regarding the Physician Fee Schedule that includes updates to payment policies, payment rates, and quality provisions for services furnished under the Medicare Physician Fee Schedule (PFS) on or after January 1, […]Read More
September news from the Centers for Medicare and Medicaid Services (CMS): Sept. 28, 2018 2019 Medicare Advantage and Part D Prescription Drug Program Landscape The data released with the 2019 Medicare Advantage and Part D landscape provides important premium and cost-sharing information for 2019. Read More… Sept. 21, 2018 CMS Awards Funding for Quality Measure Development […]Read More
AMA releases 335 updated CPT Codes for 2019. The American Medical Association (AMA) announced the release of Current Procedural Terminology (CPT) Codes on September 5th, 2018. The new set of CPT codes will represent new technological and scientific advancements for reporting contemporary medical procedures according to the AMA. In addition, the AMA has urged the […]Read More
ICD-11 announced by the World Health Organization The International Classification of Diseases (ICD) is the basis for identifying global health trends and statistics. The codes which make up ICD encompass everything from injuries, disease, and causes of death. It allows health professionals to share health information by using the codes as a common language throughout […]Read More
Understanding the patient experience can help you better serve your patients, while also improving your day-to-day practice operations. Specific responses from patient feedback reviews can help you identify and address issues with almost anything within your practice. Patient feedback can also help you identify trends and understand whether issues are happening consistently or if it was just […]Read More
On average almost $15,000 per year is spent on investigating, appealing and reworking denied claims. Medical billing claim denials are constant headaches that negatively affect your practice’s revenue, cash flow, and efficiency. With the constantly changing regulations and payer rules, it can be difficult to stay ahead of everything and focus mainly on claim […]Read More
A recent survey says 92% of providers claimed their referral management process could be improved. The survey posted in Becker’s Hospital Review explains why the referral process is critical for the growth of any practice. Patient referrals can be an invaluable and inexpensive way to market your services to prospective patients. Consumers, are influenced by not […]Read More
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