Every practice owner wants to submit clean claims to get paid fast and in a timely manner. But anyone who is involved in ophthalmology billing knows that it’s not that easy. Any small errors in billing can impact your revenue. Let’s talk about ophthalmology billing tips that will help you stay in compliance, and in […]
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 […]
Nowadays due to COVID-19, we are in an era where it’s most secure and more cost-effective to meet with patients via telehealth than face-to-face visits with patients. Some physicians are feeling that they are losing the personalized care, they have given to their parents before the pandemic. This new way of practicing is good to […]
70% percent of consumers in a Pioneer Institute survey said they would like to know information on provider pricing, yet half of them said they were not aware of seeking the information despite healthcare price transparency laws. Many consumers living in a state with some of the most comprehensive healthcare price transparency laws have never […]
HIPAA The Health Insurance Portability and Accountability Act (HIPAA) includes provisions to maintain the privacy of protected health information (PHI). The HIPAA rules apply to covered entities, which include medical providers, employer health plans, and insurance companies that deal with patient data. In spite of the 2020 election, the second half of October 2020 has […]
Impact of COVID-19 If your practice is still facing the impact of COVID-19 then you are not alone. According to the American Medical Association, loss of in-person visits of physicians is coupled with higher than usual expenses for physician practice capability. Your practice capability is under the COVID-19 pandemic threat as physicians continue to see […]
THE current COVID-19 pandemic situation is creating uncertainty for health systems; this may appear to be taking hits on both the physician practice and hospital sides of their business. According to the latest National Hospital Flash Report from consulting firm Kaufman Hall, the median hospital operating margin index stands well below CY 2019 performance at […]
For Medicare, modifiers are 2-digit codes that are appended to procedural codes and HCPCS codes. These modifiers are used to give more details about the billed procedure. The addition of modifiers in a claim can directly impact payment. You can get a list of modifiers on the internet at any time where you will get […]
Medical billing errors are possibly more common than anyone can think, and these errors could be costing you revenue loss. In fact, almost many Americans could be overpaying on their medical billing because of common medical billing errors. Whether it’s incorrect information in CMS1500 like incorrect insurance ID number, or ICD-10 Code error, duplicate charges, […]
Billing for anesthesia services is complicated and it requires skilled staff who can do error-free medical billing. Medical billers should have a basic understanding of how anesthesia is administered, and all the ins and outs of payer requirements to avoid claim rejections. Anesthesia billing needs something of all from the billing team member all the […]
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