Each June CMS publishes its proposed rule for the following year. On Thursday, July 12th, CMS released the proposed rules for calendar year 2019. I’m sure you will be receiving numerous updates from a variety of sources, but here are a few quick highlights and their potential impact to your practice in 2019.
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Is your billing process really reconciling your receipts to the penny? If it isn’t, then how do you ever validate or audit records that are incomplete? Mass adjustments, as have been experienced this year due to the incremental increase of $0.01 to $0.03 per CPT caused by a late adjustment in the Work Geographic Practice…
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Cash receipts are likely dropping for many physicians due to failure to qualify for quality measures via PQRS in 2016. Don’t wait until the end of this quarter…
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Procedure and Diagnosis Coding: Your Practice’s Pain in the Back(log) Have you ever cleaned up your desk, your in-box, your vehicle or garage and come across things that cost you time and grief? Perhaps a great discount that expired? Forgetting an important opportunity that has now passed? Something you bought, but discovered you already had?…
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It’s a surreal question our patient services team when answering an incoming call is often asked… “Are you a real person?” It would be funny, if it weren’t a sad reflection of the downside of innovation and automation.
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Physicians and physician groups are taking unnecessary risks of which they are likely unaware. Although we live in an era of globalization regarding “products”, the ongoing attempts to leverage cheap labor in the “services arena” comes with more significant risks. Especially for those of us serving in healthcare.
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Unless your systems, processes, and oversight are diligent and process driven, it’s very easy to lose 5% or 10% or your revenue on an ongoing basis and not be able to easily identify it.
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Analyzing referring physician patterns reveals the absence or low volume of certain specialties that would normally refer diagnostic exams. This represents an opportunity for you or the facility you serve to take action to grow this market segment.
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With the completion of the MACRA final rule, we created Radiology and Pathology web conferences regarding the 2017 Quality Payment Program (QPP) and how it impacts you. We have consolidated the vast amount of resources and information available to a brief summary to help you prepare and plan for the next steps.
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It is essential to take a step back and periodically evaluate the process as a whole and discern if there are any obvious, big picture elements that are being overlooked. Peace of mind comes with knowing.
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