A fee schedule is a complete listing of fees used by Medicare to pay doctors or other providers/suppliers. This comprehensive listing of fee maximums is used to reimburse a physician and/or other providers on a fee-for-service basis. Medicare Part B pays for physician services based on the Medicare Physician Fee Schedule (PFS), which lists the […]
On 10th Nov 2020, the American Medical Association (AMA) published an update to the Current Procedural Terminology (CPT®) code set that includes new vaccine-specific codes to report immunizations for the novel coronavirus (SARS-CoV-2). The CPT editorial panel has approved a unique CPT code for each of two coronavirus vaccines as well as administration codes unique […]
A way to measure efficiency is how you can define productivity classically. Productivity is how to measure the output that comes from units of input if we put it in an economic context. Workplace productivity is an estimate of how efficiently organizations utilize their resources to accomplish business objectives. Improving productivity is important because increasing […]
The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Paycheck Protection Program (PPP) and Health Care Enhancement Act, allocated funds to reimburse eligible healthcare providers for healthcare-related expenses or lost revenues attributable to the coronavirus. Health Resources and Services Administration (HRSA) distributes these funds through the CARES Act PRF program. According to the […]
Rapid Expansion of Telehealth According to the IHS Markit report, the number of patients using telehealth is expected to rise to more than ten million in 2020, up from less than 350,000 in 2013. With such exponential growth, practices providing physical therapy can no longer afford to ignore the opportunity telehealth provides. Telehealth allows physical […]
Coronavirus or the novel COVID-19 disease has affected millions of people across the world. The communicable disease is caused by a family of viruses that results in acute respiratory illnesses, such as impaired lung and kidney functions, pneumonia, and even multi-organ failure. Across the globe, there has been a closure of businesses as well as […]
Estimating and collecting patient responsibility is a challenging task. Not only you must collect money directly from your patients but also you need to ensure patient satisfaction that guarantees repeat visits and positive online reviews. Patients who have an exact idea of how much they owe are more likely to pay, which increases collections and […]
Thanksgiving is a federal holiday in the United States, celebrated on the fourth Thursday of November celebrating the harvest and other blessings of the past year. The word thanksgiving means giving of thanks to God, especially in a religious ceremony. Thanksgiving is that time of year when you have to be grateful for everything you […]
Science Pilot Project Leading healthcare providers and developers across the country joined the Office of the National Coordinator for Health Information Technology’s (ONC) Sync for Science (S4S) Pilot Project to support patient-directed sharing of health information with research using a standards-based API. ONC said in a report that 4 healthcare IT developers and 6 healthcare […]
In order to make sure immediate access during the Coronavirus pandemic, Medicare will cover and pay for this infusion in accordance with section 3713 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). CMS intends to address potential refinements to payment for bamlanivimab and its administration through future notice and comment rulemaking. Payment […]
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