Most practices today are barely getting by financially. With declining reimbursement from government and private payors and increasing operating expenses associated with new mandates such as Meaningful Use and ICD-10, many practices are seeing profitability — and sometimes salaries — decline dramatically.
CMS is releasing new data revealing the payments doctors and teaching hospitals received from drug companies and device manufacturers. The data was made available online on Tuesday. The public can access the data here.
New enhancements help to further drive automation and process control at the front-end of the physician revenue cycle.
Waltham, MA (October 1, 2014 )–MDeverywhere, a leading provider of comprehensive revenue cycle tools and services for physicians and practices, today unveiled Practice 1st 4.0, the newest version of its platform.
This version delivers a number of enhancements to Practice 1st, MDeverywhere's purpose-built revenue cycle system, including an optimized mobile experience, enhanced workflow and UI, and additional edits to reduce denials.
We continue the blog on the types of visits billed under hospitalist and how to reach to the final level of visit.
Final E/M level Calculation: There are two rules to decide the final level of Evaluation and Management visit based on type of visit:
This blog reviews in greater detail, the types of visits billed under hospitalist and how to reach to the final level of visit. In the previous segment, we learned about the three key components of Evaluation and Management, i.e., History, Physical Exam, and Medical Decision Making which play fundamental role in reaching to a level. Determining the levels of these three components can be tricky and can affect the final the level of E/M visit. Calculating History Level: On the basis of documentation provided, classify the history as per the table given below:
The New York Times published an interesting article on the increasing wariness of the Federal Trade Commission (FTC) of hospital mergers.
eMDs is pleased to offer a free whitepaper entitled "Top Five Best Practices for Optimal Revenue Cycle Management." Most medical practices today are barely getting by financially. Declining reimbursement from government and private payors, along with increasing operating expenses associated with new mandates such as Meaningful Use and ICD-10, are causing many practices to lose profitability. Our whitepaper goes into more detail about the following five best practice tips:
In this three-part blog series, key aspects of hospitalist coding will be covered, i.e., special considerations for E/M service, special consideration for E/M service documentation and code levels, special considerations for hospitalists—types of visits. Often the most complicated part of hospitalist billing is coding for the subsequent visit.