The CMS (Centers for Medicare and Medicaid Services) and CDC (Centers for Disease Control and Prevention) recently announced provider reimbursement update available to physicians and health care providers to counsel patients, at the time of coronavirus disease 2019 (COVID-19) testing. Providers educate patients about the importance of self-isolation once they are tested and prior to […]
Telemedicine permit health care professionals to evaluate, diagnose, and treat patients at a distance using telecommunications technology. It is viewed as a cost-effective alternative to the more traditional face-to-face way of providing medical care that states can choose to cover under Medicaid. Telemedicine allows improving a patient’s health by permitting two-way: Interactive communication between the patients […]
The uninsured population will grow by end of 2020, according to Urban Institute’s new estimate more than 10M people will lose employer-sponsored health insurance as a result on pandemic related job loss in their household between April and December 2020. The total number of uninsured individuals by the end of this year will be about […]
The paycheck protection program is a key resource for small healthcare organizations and the program is established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This act provides loans up to USD 10 million for businesses with fewer than 500 total employees. The loans can be fully forgiven if at least 60 percent […]
Patient charts are assigned with CPT, HCPCS, and/or ICD9 codes by medical coders for reimbursement. Each should be precise which helps to accurately describe the procedure performed and diagnosis rendered by patients. Medical Coding Medical coding is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes. To know more […]
CMS is using its authority under section 1135 of the Social Security Act to offer flexibility with Medicare provider enrollment to support the COVID-19 pandemic national emergency. During the PHE, CMS is allowing physicians and non-physician practitioners to temporarily enroll as Medicare providers using a toll-free hotline provided by their MAC. The numbers are listed […]
CPT is an expansive and important code set which is published and maintained by the American Medical Association (AMA).CPT and ICD code sets are important for medical billing and coding and every coder should be aware of it. Healthcare providers offer various services such as surgeries, evaluations, and any other medical procedure to patients. These services […]
In the healthcare industry, Value-based healthcare is the new delivery model in which care providers, including hospitals and physicians, are rewarded for helping patients improve their health and are paid based on patient health outcomes. This model has great adoption in Oncology for delivering holistic patient care while driving sustainable cost savings. In this model participating […]
In the US, Medical liability is always criticized due to costly, inefficient, and inconsistent in nature. For many decades, various reform efforts have failed to pass legislation that contains costs, stabilizes liability insurance premiums, and meaningfully promotes patient care and safety. Culture of patient care and safety among healthcare organizations Patient care and safety can […]
“Account Receivable” (AR) is a widely used term referring to the amount of money that a customer owes to the company. Similarly, in the healthcare industry, AR means the patient’s account balance becomes due for payment within a year. Account receivable services include the management of many reports dealing with insurance, collection analysis, write-offs, bad debt […]
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