There was a time when cardiologists or billers and coders handling cardiology billing and coding were content in the belief that they knew cardiology billing and coding in and out. This contentment came from the fact that cardiology traditionally had fewer codes, compliance standards, and regulations. But now Cardiology Medical Billing and Coding Regulations have […]
Significant cuts in reimbursement and rising costs of healthcare provision have posed grave challenges for cardiology practices across the US. Two proposed rules addressing Medicare payment and quality provisions for physicians and hospital outpatient services in 2014 released by CMS will have important ramifications on cardiology professionals. These rules have indicated more than 22% decrease […]
Cardiology is one of the largest and most complex areas in healthcare, targeted heavily by EHR vendors. Since paper charts are time-consuming and prone to errors, cardiologists have started realized the benefits of implementing EHR/EMR. Cardiology-specific EMR software and medical billing systems not only help practices achieve financial and operational competencies but they are also […]
From financial issues created due to Affordable Care Act to hardships related to health IT implementation, cardiology practices in the US are facing various business challenges. Will 2014 bring respite from payment issues for cardiologists? The Medicare Physician Fee Schedule 2013 has had a -2% impact on cardiovascular medicine coupled with 26.5% cut from the […]
Cardiology billing has always been a demanding process in the healthcare world. With more than a million Americans, over the age of 65 and possibly with a heart condition, becoming eligible for Medicare inclusion in 2014; cardiology billing services become even more crucial. Medical practitioners already have to spend a lot of time and resource […]
Cardiologists are rearing to undergo an overhaul of their medical billing and coding processes in 2014 with imminent coding and regular changes around the corner. While some changes will be welcome, some may be a herculean task to absorb in the current billing processes. However, with effective use of Electronic Medical Records (EMR) and CPMS […]
Cases of HIPAA violation are rising and even if you are a small practice, you can get on the government’s radar if you fail to protect healthcare-related data. Patient-related information is traded by cardiologists for various purposes, including medical coding and billing and if your staff happens to misuse the data accidentally or intentionally, it […]
CMS 2013 fee schedule brought good news for family physicians and primary care providers but it has proved to be a mixed bag for cardiologists with 2 to 6% cut in Medicare fees. At a time when cardiology practices are already vulnerable, cuts in payment for vital cardiovascular services have affected their revenue cycle. Combined […]
Billing and coding have become two very necessary processes for the revenue generation of physicians in America. Physicians and medical practices, thanks to the incredible amount of work pressure, have no time to undertake the billing and coding processes on their own. In such a situation, professional billing and coding companies are hired to do […]
As a specialized healthcare field, Cardiology has cherished generous government support for testing services and unhindered reimbursements. However, with new developments in Patient Protection and Affordable Care Act (PPACA) and lower reimbursements given recent healthcare reforms, Cardiology billing is expected to face some serious issues in 2013. In addition, ICD -10 and HIPAA regulations are […]
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