Yes ICD 10 is finally here and we have been busy! The one thing we can say is we are ready. We have trained, updated your computer system and tested with our clearinghouse so we have the green light. The codes as I have mentioned before is roughly from 14,000 of ICD 9 CM to […]
The change that will shake the healthcare industry: Claim errors will increase by 7% Physician productivity will decrease by 10-20% due to ICS-10 documentation 40% increase in A/R days (CMS) 200% rise in claim denial rates (CMS) Consider Billing Outsourcing: 6% increase in revenue for practices with outsourced billing. (Black Book Rankings Survey 2014) Nearly […]
Sylvia Burwell, Secretary of the Department of Health and Human Services (HHS), said in a public statement. “And as we work to transform our healthcare delivery system to one that is smarter, provides better care and spends our dollars more wisely, there is a tremendous opportunity to improve value and choice for consumers and providers […]
As we informed AAN members last week, the US Senate recently put off voting on eliminating Medicare’s flawed sustainable growth rate (SGR) formula until after it returns from recess in mid-April. This means the 21-percent SGR cut will go into effect on April 1. However, the Centers for Medicare & Medicaid Services (CMS) is telling […]
Here are five findings on concierge medicine based on data released by The Concierge Medicine Research Collective, a research and data depository created by Concierge Medicine Today. The data is based on surveys, polling analysis and verbal responses received from concierge physicians between 2009 and 2012. Creator Becker’s Healthcare http://www.beckershospitalreview.com