Collecting from patients is one of the more challenging tasks of practice management. For the financial sustainability of your practice, you must make a concerted effort to collect co-payments, coinsurance, deductibles, and amounts for services not covered by insurance. You will receive more patient collections if you try and collect at the time of service […]
Telemedicine and telehealth services were growing before the COVID-19 pandemic, and demand has soared during the pandemic as patients and providers alike recognized the efficiencies and convenience of delivering care remotely. However, along with the surge in demand for virtual care comes a higher risk of a malpractice claim for health care professionals. In this […]
Remote Patient Monitoring (RPM) is a health care delivery method that benefits patients, providers, caregivers, and the healthcare system as a whole, by leveraging technology advances to gather patient data, outside of traditional health care delivery settings. From increasing access to virtual care, increased patient-provider communication opportunities, and improved patient involvement in self-management to reducing […]
Increasing Number of Malpractice Suits For many providers, it’s not a matter of if they will be sued at some point in their career, but when it will happen. It’s quite a common occurrence in today’s society, to a doctor for a poor health outcome, even when the provider has done nothing wrong. You will […]
Rapid Adoption of Telehealth Services Due to the COVID-19 pandemic, we have seen a drastic change in the way that physicians treat their patients. During the pandemic, many healthcare entities were forced to step into the telehealth space with little experience and even less training. The use of telehealth was barely a factor among physicians […]
Keeping track of the financial health of your practice is important for many reasons. On the most basic of levels, it allows you to keep the doors open. You can retain your staff, keep their morale high and remove the headaches associated with worrying about money month to month. Most importantly, though, it allows you […]
The Centers for Medicare & Medicaid Services (CMS) recently published revised coding guidelines for CPT codes 90000 – 99999. In this Blog, we shared CPT codes applicable for Chemotherapy Administration Coding and minor updates in guidelines. Chemotherapy Administration Coding Guidelines 2022 Reporting Initial Service Code The CPT codes 96360, 96365, 96374, 96409, and 96413 describe […]
The COVID-19 pandemic and the accompanying social distancing protocols catalyzed a shift toward remote care hence resulting in the exponential growth of Telehealth services. Governments and private payers sought to maintain access to care during this period by removing regulatory barriers and reforming payment policies. But after the pandemic, in recent months, outpatient visits by […]
Congress passed the ‘No Surprises Act,’ which prohibits most surprise out-of-network billing for plan years beginning in 2022. Surprise bills occur when a patient receives care from an out-of-network provider or facility during an emergency visit or while receiving non-emergency care at an in-network hospital or facility. In these cases, patients may face balance billing […]
Over-the-Counter COVID-19 Tests and Medicare As per the government’s ongoing efforts to expand Americans’ access to free testing, people in either Original Medicare or Medicare Advantage will be able to get over-the-counter COVID-19 tests at no cost starting in early spring. Under the new initiative, Medicare beneficiaries will be able to access up to eight […]
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