After a long and winding road, the sustainable growth rate (SGR) is finally part of history and the move to value-based payments has renewed urgency now that the Medicare Access and CHIP Reauthorization Act of 2015 (Act) has become law. The Act became law April 16, 2015, repealing the SGR and establishing the following conversion factor updates: 0.0% for January 1, 2015 through … [Read more...] about SGR repeal emphasizes move to value-based payments
Health care reform
New law means changes to Medicare cards, challenges for medical offices
A new bill, signed into law by President Obama in April 2015, which addresses the way physicians are paid for treating Medicare patients, has another provision that affects medical practices. A section of the bill indicates that Social Security account numbers must not be "displayed, coded or embedded on the Medicare card." Currently, a Medicare patient's Social Security … [Read more...] about New law means changes to Medicare cards, challenges for medical offices
Best and worst states for doctors
Doctors are among the most highly paid, educated, and celebrated professions in the United States. The profession has also been undergoing intense change in recent years, with the Affordable Care Act, the rise of branded hospital networks, the impending retirement of baby boomers, and an increasingly litigious society all complicating the lives of doctors and providing pause to … [Read more...] about Best and worst states for doctors
Should your practice enlist the services of a medical interpreter?
Approximately 8 million foreign-born Americans say they speak English "not well." Additionally, approximately 4 million foreign-born Americans cannot speak English at all. These figures, from a study conducted by the U.S. Census Bureau, means there are 12 million people, which is about 30 percent of the foreign-born American population, who have difficulty communicating in … [Read more...] about Should your practice enlist the services of a medical interpreter?
Jobs in healthcare plentiful, according to report
The healthcare job industry showed steady growth last year, with no signs of slowing down in 2015, according to the 2014 Healthcare Jobs Snapshot, a report from Health eCareers, a career hub for healthcare professionals, providers, and associations. As of January, federal officials reported almost 10 million people had signed up for health insurance or re-enrolled in their … [Read more...] about Jobs in healthcare plentiful, according to report
CMS Medicare physician fee schedule for 2015 Final Rule released
The Physician Fee Schedule Final Rule was published November 13, 2014. It provides not only new payment rates but also changes to Medicare payment policies. Here is a summary of some changes that could affect your medical office. Telehealth services. Specific telehealth services must be included in the list of Medicare telehealth services and meet other conditions for … [Read more...] about CMS Medicare physician fee schedule for 2015 Final Rule released
Start local managers group to make job easier
"It doesn't matter if there are three people or five or 20," says the manager of an internal specialty medical office in Tennessee. It's worth the effort to set up a local management group. She did that in her area years ago and still finds it useful. The setup was not difficult. It was just a matter of calling the other managers and saying, "Why don't we get together and … [Read more...] about Start local managers group to make job easier
Are your patients happy? Here’s how to find out
Monitoring the pulse of patient satisfaction is crucial to the health of your practice. Indeed, patient satisfaction can mean the difference between a thriving, profitable practice and one that’s barely breaking even. And since patients have a significant effect on the work environment, their satisfaction impacts your staff’s morale. In order to accurately … [Read more...] about Are your patients happy? Here’s how to find out
Employer Checklist: Affordable Care Act
Why you need this checklist: The numerous provisions and requirements of the ACA can be overwhelming for employers. How this checklist helps you: This checklist will help you understand and manage employee benefits requirements. How to use this checklist: Refer to this checklist as needed to comply with ACA employee benefits requirements. … [Read more...] about Employer Checklist: Affordable Care Act
Is your practice eligible for Medicaid incentive payments?
Certain professionals can alternatively pursue meaningful use incentive payments from the Medicaid program, which is run by the state Medicaid agencies. Eligible professionals for Medicaid include doctors of medicine and osteopathy, nurse practitioners, certified nurse-midwives, dentists, and physician assistants in a federally qualified health center or rural health clinic led … [Read more...] about Is your practice eligible for Medicaid incentive payments?