CMS released the proposed Outpatient Prospective Payment System – OPPS rule for 2018— which includes a major proposed cut for separately payable drugs purchased under the 340B program. The proposal would reduce reimbursement for separately payable Medicare Part B drugs purchased at 340B prices. Reimbursement would drop from average sales price plus 6% to ASP […]
The family practice is an intermediate between the patient and a specialty doctor. As most family practice doctors today grapple with the complexities of billing and regulations, finding an easy solution remains elusive. Managing different situations at a family practice is becoming a growing concern, especially as specialists prepare for real-life healthcare challenges. Increasing workplace […]
We all love helping people, especially those in distress. More importantly, you wouldn’t run a Chiropractic clinic, if you didn’t love assisting those requiring special medical help. With a specific end goal to encourage your patients (customers), you should first encourage yourself. In this day in age, insurance agencies and government regulations can make it […]
The world and business of optometry practice have changed beyond all recognition in the last three decades. This is due to the emergence and growth of the multiple sectors and the ever more sophisticated range of clinical testing equipment that is available. Against this backdrop, a vibrant independent sector still holds a substantial presence and […]
The discharge process remains a major challenge for payer who wants to improve outcomes and reduce readmissions, in large part because patients often don’t understand the instructions. Recent research suggests that implementing follow-up care strategies can improve the process; including treating it more like the admissions process and dispensing medications at that point. Today’s hospitals […]
Managing a chiropractic facility and chiropractic billing and coding is a complicated undertaking. It stands especially vital when you factor in the ever-changing requirements and regulations of having to do with health insurance and federal/state government programs. A modernized and efficient financial process is crucial for any successful practice and is a key to a […]
Starting your very own private medical practice is not a cakewalk. Between securing equipment, navigating regulations, and marketing your new business, there are lots of hurdles to overcome in a short time. To assist you in your journey, get in contact with industry experts and advisers to nail down the broad strokes of what to […]
Many doctors at healthcare units, hospitals and outpatient clinics are astonished their patients are not open about taking their prescribed medication. A recent research report shows that most patients only take their medicine as prescribed about half the time and are often unwilling to tell their physician while a quarter of new prescriptions are never […]
After an extended period of stationary growth primarily due to a glut of capacity coupled with flat or declining revenue growth, we are now able to see a resurgence of Ambulatory Surgery Centers (ASCs). As a matter of fact, experts are forecasting a significant growth spurt in the Ambulatory Surgery Center industry including the 24/7 […]
Revenue cycle management (RCM) is the commercial process that uses medical billing software, which healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. In simple terms, it refers to the process of tracking the payments for the services rendered at a provider’s office, from […]
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