In December 2013, physicians received a reprieve from financial disaster as the Senate approved a bipartisan budget deal — that had already been passed by the House — that delayed an almost 24% reduction in Medicare pay from January 1 to April 1.
Fee For Service is not going away tomorrow, however payment reform will impact how providers will be paid. Fees will be based on quality and out of of services rather than for providing a service. In this 1-hour video webinar, Bert Orlov, partner with Integrated Healthcare, reviews where increments will come and the new forms of reimbursement that are emerging—at different rates, depending on specialty and geography. Discussion topics include:
The Medicare and Medicaid EHR Incentive Programs provide incentive payments to eligible professionals, eligible hospitals and critical access hospitals (CAHs) as they adopt, implement, upgrade or demonstrate meaningful use of certified EHR technology.
This is a scary statistic. And it's not the only one. In an article posted on 2/10/2014, Daniel R.
We all know the scenario - a really terrific doctor who is very skilled clinically and who cares deeply about their patients and their well being. They are good at being doctors. But their practice is struggling - struggling financially even though their schedules are full. Or they are struggling with frequent and disruptive staff turnover. Or they are struggling under mounds of denied claims and high accounts receivable - having done the work for the patients but not received payment from the insurance company. Unfortunately these scenarios are not uncommon.
As was originally originally published February 19, 2014 10:12 PM and updated February 19, 2014 10:59 PM By RIDGELY OCHS, many Long Island doctors say they are being listed on New York's health exchange plans without their knowledge, generating confusion and frustration among the physicians.
Some doctors said they are surprised to find out they are apparently listed with a plan. Others said they are shocked to learn they don't belong to a particular plan. Many say they have no idea what the reimbursement rates are, and all complain they are getting few answers.
Reimbursement completes the quartet as reported in this article posted by HIM-HIPAA Insider, February 10, 2014.
There before me was a pale horse and its rider was named Reimbursement.
There are many new terms being bandied about in healthcare - consumerism and patient engagement are just two of them. Those two terms are often used interchangeably - they both involve the patient, right? They are related but actually speak to two different trends.
In a February 5, 2014 article written by Kyle Murphy, PhD, and posted on EHRIntelligence , MGMA reports that physician practices are very concerned about ICD-10 and the approaching October 1 deadline.