Sequestration. It began March 1, 2013. And it is hitting doctors’ payments by 2%. As to what managers need to do to meet the payment reductions, the financial experts are all advising essentially the same things: get the copays and deductibles up front, and set up a credit-card-on-file for as many patients as possible. The sequester specifics are these: The 2% … [Read more...] about Sequestration: another 2% cut on doctors’ payments
Billing & collections
Analyzing CPT’s updates from radiology to the end
By Therese M. Jorwic, MPH, RHIA, CCS, CCS-P In the past two issues, we covered CPT’s changes to the E/M codes and the surgery codes. Here now are the rest of the changes. They start with radiology and end with the Category III codes. Radiology There are five newcomers here, all for nuclear medicine. They begin with thyroid studies (78012-78014). The first is for thyroid … [Read more...] about Analyzing CPT’s updates from radiology to the end
Keep safe from the Recovery Audit Contractors and the courts by making the corrections correctly
What flaws are the Recovery Audit Contractors searching for in records? Illegible documentation, incomplete documentation, unidentified providers, wrong dates of service – and evidence of improper corrections. To help offices stay safe, the government has set out guides for making corrections so the records pass muster with the RACs. Those same guides will also ensure the … [Read more...] about Keep safe from the Recovery Audit Contractors and the courts by making the corrections correctly
More information on ICD-10 new deadline
These are references from the article, "Get ready for new ICD-10 compliance deadline on October 1, 2015": Archer, Anita & Monestime, Judy (2013, September 17). ICD-10 Documentation for State Medicaid Agencies (SMA) Health Conditions Categories. HIMSS. Retrieved from http://www.himss.org Letourneau, Rene (2013, December 16). ICD-10: Minimizing the Financial Hit. … [Read more...] about More information on ICD-10 new deadline