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Oncology Billing Services
Key Trends in Value-based Care of Oncology
In the healthcare industry, Value-based healthcare is the new delivery model in which care providers, including hospitals and physicians, are rewarded for helping patients improve their health and are paid based on patient health outcomes. This model has great adoption in the Oncology for delivering holistic patient care while driving sustainable…
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Cardiology Billing Services
CARDIAC CATHETERIZATION CPT CODE 2020
Cardiac catheterization is a procedure that allows the doctor to see how well your blood vessels supply your heart. This process is used to diagnose and treat certain cardiovascular conditions. During this procedure, a catheter (long thin tube) is inserted in an artery or vein in your groin, neck, or…
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Medical Billing Services
Improved Patient Care: Medical liability regulatory update
In the US, Medical liability is always criticized due to costly, inefficient, and inconsistent in nature. For many decades, various reform efforts have failed to pass legislation that contains costs, stabilizes liability insurance premiums, and meaningfully promotes patient care and safety. Culture of patient care and safety among healthcare organizations…
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Accounts Receivables
Account receivable services in Healthcare
“Account Receivable” (AR) is a widely used term referring to the amount of money that customer owes to the company. Similarly, in the healthcare industry, AR means the patient’s account balance becomes due for payment within a year. Account receivable services include the management of many reports dealing with insurance,…
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Medical Billing Services
Transition to value-based reimbursement is essential for Health disparities
Value-based reimbursement inspires clinicians to care for the whole person, who is essential to addressing health disparities confirmed by claims data from the COVID-19 crisis, CMS says. Health disparities confirmed by Medicare claims data for the period of the COVID-19 crisis underscore the need to transition to value-based reimbursement, according to CMS.…
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Medical Billing Services
Telemedicine reimbursement and healthcare fraud prevention laws
Policymakers of the US quickly took action in this COVID-19 pandemic to relaxed long-standing healthcare regulations which include telemedicine reimbursement and healthcare fraud prevention laws. Moreover, the government and aligned organizations have developed temporary health policies to support the industry’s response to the pandemic. Telemedicine reimbursement policy During this pandemic,…
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Medical Billing Services
Quality Payment Program Performance Results
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) enforced CMS to implement an incentive program called the Quality Payment Program as MACRA ended the Sustainable Growth Rate (SGR) formula, which significantly cut payment rates for participating Medicare clinicians. Now, clinicians can choose the following ways to participate in…
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