Chiropractic CPT codes 98940–98942 are used to report chiropractic manipulative treatment (CMT) of the spine based on the number of spinal regions treated. CPT code 98940 is reported for treatment of 1–2 spinal regions, 98941 for 3–4 spinal regions, and 98942 for 5 spinal regions. Accurate code selection, complete documentation, and proper use of the […]
Before the coronavirus pandemic outbreak, telehealth was a part of the standard delivery of care in the U.S. but used very rarely. By end of April 2020, telehealth visits had hit the roof to nearly one million visits per week. Many patients and providers have found that they appreciate the conveniences of virtual healthcare and […]
The behavioral health industry has historically lagged behind physical healthcare in adopting value-based and outcomes-based care models. Value-based care is also known as accountable care. A value-based care system is focused on getting value from quality services. Value-based healthcare is a payment system that rewards providers for the quality of care provided to their patients. […]
We have been hearing about the surge of telehealth use and adopted by patients during the Coronavirus pandemic. Few sources identified that this increase was 8000 percent from last year. According to recent a survey by Decision Resources Group, as of July 2020 – 80 percent of all U.S. physicians used for a virtual patient […]
Due to a surge in patients due to COVID-19, billing for telemedicine can be complicated. Telemedicine is changing almost every day due to the coronavirus pandemic, which makes your team hard to keep up to date with policies. Though CMS has already issued guidelines for telemedicine, they are still getting new updates from authorities to […]
The economic fallout of COVID-19 may accelerate acquisitions of independent practices unless practice leaders consider new, but not necessarily novel, ways of doing business. “The jury is out, but COVID is probably going to exacerbate larger systems buying up independent practices because a lot of folks just aren’t going to be able to weather the […]
Health insurers are struggling to get success in an Advance Value-Based Care reimbursement model. This may benefit from population health management, patient engagement, and healthcare delivery reform. When payers started to transition to value-based care reimbursement from the traditional fee-for-service payment system, some healthcare executives and financial experts might find that it takes longer than […]
The evolution of technology has helped it maintain and simplify interoperability and patient data sharing over the last 40 years. The increased number of multiple, implemented IT systems since the early nineties has created an urgent requirement for interoperability in healthcare to help manage the increasing needs of patients. Below are some key drivers for […]
Improving your patient payment collection during a pandemic should be your top priority in your financial plan this year. You may think why to focus on patient collection, because with half of the employers pushing high deductibles plans onto workers. Patients are facing bigger medical bills, one they never prepared to pay. If patients deny […]
CMS is going to make key changes to Bundled Payments for Care Improvement (BPCI) Advanced next year to stop the model from generating financial losses of close to $2 billion over the model’s ten performance periods. Model year 4 will begin on Jan 1, 2021. CMS’s Innovation Center will modify target pricing calculations using an […]
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