Surprise Medical Bills: Why They Occur And What To Do |
Imagine going on Amazon, buying an Electronic Spin the Bottle Game for its listed price of $32.92, receiving the product (sparing the arduous effort required to spin the bottle) and then several weeks later receiving an additional bill for $600. As indicated in a recent study, that’s basically what’s happening in heathcare…quite
frequently.
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11 Ways To Save Money on Medical Expenses |
My health insurance plan jumped 24 percent this fall and dropped in quality of coverage. I’m not alone. Rising health insurance costs across the nation have many people worried. A recent 50-state poll released by the Partnership to Fight Chronic Disease revealed that 77 percent of consumers have experienced difficulty using their health
insurance in the last year, and the impact of health premiums on budgets is a top concern for families.
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ICD and DSM Coding Compliance Will Be Important In 2020 and Beyond
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On October 1, the grace period for allowing providers to submit “less-than specific” codes ran out. If you recall, when ICD-10-CM went live in 2015, the federal government gave providers a transitional year to adjust to the shiny new code set, get educated and hone their skills at making specific diagnoses. All is well, right?
Not quite.
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What’s the Key to Better ICD-10 Coding? |
Nearly a quarter of all U.S. hospitals now outsource some or all coding functions. Ninety percent of hospitals over 150 beds currently outsourcing their CDI processes reported in Q3 to have realized significant (over $1.5M minimally) in appropriate revenue and proper reimbursements following the implementation of clinical documentation
improvement programs in this past year following ICD-10 transition, according to the latest Black Book survey of 907 health leaders.
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Stopping Healthcare Fraud Before It Can Start |
In response to a reporter’s question, notorious bank robber Willie Sutton was quoted as saying thieves rob banks “because that’s where the money is”. Today, the money is in a wide variety of areas beyond banks, including the enormous – and growing – healthcare business. As a result, the amount of theft in the healthcare industry is enough to
give any honest person a headache. The FBI estimates that healthcare fraud is an $80 billion annual challenge....
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