6 Tips For Medical Practices To Enhance Billing And Collections Process
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How can medical practices work effectively with payers to receive payment? Business News Daily sought answers from healthcare experts. Here are six tips: Click Here to Read More
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Louisiana Leads The Nation In Medicare Overbilling
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Louisiana posted the highest rate of Medicare being overbilled for services in the nation in 2015, with providers charging an estimated $1.25 billion more than they should have, according to a federal report. In Louisiana, Medicare bills were too high an estimated... Click Here to Read More
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8 Key Concerns For Physicians in 2016
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Physicians often say they feel like the rules, standards and policies regarding the way they practice medicine change all too frequently. In 2016, there are several key issues physicians should keep their eyes on as they continue to develop, ranging from value-based payment models to mega-mergers to Supreme Court verdicts.
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Payers Stepping Ahead of CMS by Demanding Greater Specificity
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Some experts are predicting a large spike in denials beginning on Oct. 1, 2016 when the Centers for Medicare and Medicaid Services will require claims to be more specific. Forward-looking providers are assembling teams to prepare now. Some commercial health insurance companies are already insisting on greater specificity for claims filed in ICD-10, particularly those submitted as
unspecified.
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6 Steps for Safeguarding the Healthcare Revenue Stream |
With the ICD-10 conversion behind us, most billing and coding hiccups caused by the transition are slowly becoming a distant memory. However, rising patient out-of-pocket expenses – expected to reach $420 billion in 2015 – are just beginning to show their effects.... Click Here to Read More
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ICD-10 Coding Freeze Is Over
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Just as the Ice Age eventually ended, so has the ICD-10 coding freeze. CMS recently announced that roughly 6,000 new codes will be added this October, which will be the first coding update since October 2011. The coding update is significantly bigger than...
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CMS, CDC Add More than 5,000 Codes to ICD-10 Coding System
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Last week, the Centers for Disease Control and Prevention along with the Centers for Medicare & Medicaid Services (CMS) announced some major news for the ICD-10 coding system. The two organizations have added more than 5,000 new ICD-10 diagnosis codes to be used in healthcare claims next year... Click Here to Read More
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It's Time to Get a Second Opinion Before Paying That Medical Bill |
The next time you get a medical bill, don't pay it — at least not right away. It pays to check for errors first. A 2014 NerdWallet study found mistakes in 49 percent of Medicare claims. Groups that review bills on patients' behalf, including Medical Billing Advocates of America and CoPatient, put the error rate closer to 75 or 80 percent. Click Here to Read More
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