The Centers for Medicare and Medicaid Services (CMS) has unveiled the Fiscal Year 2027 ICD-10-CM update, introducing a sweeping set of changes that will significantly affect physician practices and medical coders throughout the United States. This update, featuring 238 new diagnosis codes, several important revisions, and select code deletions, becomes effective for patient encounters on […]
In 2024, the landscape of healthcare spending in the United States underwent another significant shift, continuing a trend seen in recent years. Total health expenditures in the country rose by 7.2%, bringing the annual total to an astonishing 5.3trillion∗∗, which equates to about∗∗5.3 trillion**, which equates to about **15,474 per capita. This impressive growth rate […]
The ICD-10-CM code set update for Fiscal Year (FY) 2027 has been officially released on the Centers for Medicare & Medicaid Services (CMS) website. The annual ICD-10-CM 2027 Update introduces a total of 238 new codes, revises four existing codes, and removes 21 codes from the system. These changes are set to take effect on […]
Federal regulators have completed a long-anticipated update to the No Surprises Act’s Independent Dispute Resolution (IDR) process. The most significant change is the administrative fee to initiate a dispute, which has dropped from $115 to $15 per party. The updated rule, finalized in late May, also requires health insurers to use standardized claim adjustment codes. […]
Hospitals have spent years addressing medical necessity denials after claims are submitted. Traditionally, this has involved writing appeals, completing peer-to-peer reviews, discussing payer trends, and reviewing denial dashboards. However, the next level of denial prevention will not be achieved through the appeal process alone. Instead, it must start much earlier—at the point where patient status, […]
On May 21, the Centers for Medicare & Medicaid Services (CMS) published the anticipated quarterly update to the HCPCS Level II code set. This update is significant as it introduces a total of 39 new codes. In addition to these new codes, the update also features several important descriptor changes, payment updates, and a handful […]
Every leader responsible for the revenue cycle is acutely aware that denial rates have been rising across the healthcare industry. This trend is partly driven by the use of AI-based systems by payers, as well as the increasing intricacy of CMS guidelines. Additionally, most revenue cycle professionals recognize that AI coding tools have been developed […]
In today’s healthcare landscape, ensuring every dollar earned is actually collected is more important than ever. Rising patient deductibles, increasingly stringent payer requirements, and persistent staffing shortages all threaten the financial stability of medical practices. While these challenges may seem out of your control, many of the most common sources of lost revenue, often referred […]
The American Medical Association (AMA) and nearly 100 other organizations are backing legislation that aims to force payers to comply with independent dispute resolution (IDR) payment determination rules. This unified action comes amid ongoing reports from providers about nonpayment, delayed payment, and improper billing practices by payers. Healthcare providers are now asking lawmakers to put […]
In the complex world of healthcare, practice revenue can quietly erode over time due to hidden pitfalls in payer contracts. Auto-renewal clauses, outdated fee schedules, and overlooked contract terms can all conspire to reduce your bottom line without you even noticing. As contract renewal windows approach, it’s essential to be proactive rather than reactive. To […]










