As the sun sets on 2019, we look back and reflect on the major news and trends that shaped the revenue cycle this year. From the tumultuous battle over price transparency to the rise of automation and the ushering in of AI, 2019 was a banner year for revenue cycles as they reckoned with a […]
Among the proposed new rules is one intended to clarify the contentious “Stark Law” On Oct. 9, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule to modernize and clarify the regulations that interpret the Medicare physician self-referral law (often called the “Stark Law”). The law prohibits physicians from making referrals for […]
Changes Coming to Office Visit Codes Question: At my family practice’ office visit code, my office manager and I have recently been debating over coding. She reports that the new coding system has changed our typical 99214 visits into 99213s. For example, I see a patient for routine follow-up on three or more chronic conditions. […]
Chiropractic Medicare changes in 2020 come in the form of imaging orders, MBIs and other documentation It is hard to believe that the end of another year is just around the corner. This is a busy time in health care, and it is important to ensure your chiropractic practice is ready for two key changes. […]
In addition to patient billing and policy, healthcare M&A and workforce diversity will also be major trends going into the new year, according to PwC’s Health Research Institute. Patient billing, policy and regulation, healthcare mergers and acquisitions, and workforce diversity will be some of the top priorities for provider organizations in 2020, predicted researchers at PwC’s Health […]
The American Medical Association (AMA) publishes the Current Procedural Terminology code set changes every year, usually in September, for the upcoming new year. The changes impacting CPT 2020 were released on September 4, 2019. There was a total of 394 CPT code changes, of which, 58 affect the surgery center market. 2020 CPT Code Changes […]
The Centers for Medicare & Medicaid Services (CMS) announced that, beginning in January 2020, CMS will implement shorter and more frequent HCPCS Level II coding cycles for requests to modify the Healthcare Common Procedure Coding System (HCPCS) Level II code set. Under the updated procedures, stakeholders will be able to submit code applications on a quarterly basis […]
Emergency release of the new EVALI code by CDC. On Dec. 9, 2019, the Centers for Disease Control and Prevention (CDC) published additional guidance regarding e-cigarette/vaping associated lung injury (EVALI Code). The new code is U07.0 (Vaping-related disorder). The CDC consulted with the World Health Organization (WHO) regarding an addition to the classification that would […]
Advanced technology like AI is streamlining medical billing and coding procedures for enhanced customer experiences. Artificial Intelligence in Medical coding and billing is a crucial viewpoint of healthcare. Reports revealed that by 2021, the medical billing outsourcing market is predicted to touch $16.9 billion. The coding and billing functionality transmutes patient record information into regulated […]
Sometimes, the biggest dangers are the ones we don’t see. A hippo yawning might appear tranquil, but that yawn is actually a sign of aggression. A high-end sports utility vehicle could roll away while parked if it’s missing a single part. In physician practices, there are multiple billing pitfalls that threaten practice revenue. For every […]