To help you prepare for the transition to the Medicare Beneficiary Identifier (MBI) on Medicare cards beginning April 1, 2018, review the new information about remittance advices. Beginning in October 2018, through the transition period, when providers submit a claim using a patient’s valid and active Health Insurance Claim Number (HICN), CMS will return both […]
CMS proposes 2018 payment and policy updates for Medicare hospital admissions, and releases a Request The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would update 2018 Medicare payment and policies when patients are admitted into hospitals. The proposed rule aims to relieve regulatory burdens for providers; supports the patient-doctor relationship […]
The Centers for Medicare & Medicaid Services (CMS) has issued an MLN Matters article to notify providers of a new physician specialty code for hospitalists, effective April 1, 2017. The new code, C6, will allow hospitalists to self-designate their specialty on the Medicare enrollment application (CMS-855I or CMS-855O), or in the Internet-based Provider Enrollment, Chain […]
In 2015, the bipartisan Medicare Access and CHIP Reauthorization Act (MACRA) into law, altering the future of the Medicare payment system for providers. MACRA removed the Sustainable Growth Rate, and instead focused on quality measure development, expanded the use of Medicare data, and locked provider payment rates to near zero growth. For Medicare payments, MACRA […]
Earlier, medical billing was something quite deterring to healthcare professionals with busy practices to run. Now, things have changed and medical billing has become smoother and swifter, thanks to billing services. Mainly, small / medium clinics and individual physicians are mostly benefited through billing services. However, large hospitals and healthcare centers are also benefited by […]