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09/12/2011

I recently noticed that G0102 is bundled with G0438 in CCI edits. I am confused by this, because I did not understand G0438 to be a physical examination, but rather a wellness visit. In reviewing the requirements of a G0438, there is nothing that would indicate an examination. Do you know why they are now bundled?

09/12/2011

Image copyright DecisionHealthDownload this month's tool -- a spreadsheet showing time thresholds for base E/M codes and prolonged service codes -- to help you capture extra revenue from time-consuming, counseling-dominated encounters. You can use the time thresholds to determine whether you can bill a prolonged service code (99354-99359) or whether a standalone base E/M code must be billed, based on typical time as defined by CPT.

08/29/2011

Once you head down the road to electronic health records (EHRs), the first fork you’ll face will be whether to buy a system specific to one specialty or a system designed with many specialties in mind. While single-specialty EHRs built around your specialty’s particular needs may seem an obvious choice, multi-specialty EHRs are a much bigger force in the market and will be able to match these features quickly over time.

08/29/2011

You can’t afford to sit on claims that were denied due to common mistakes such as forgotten modifiers and wrong diagnosis codes. The best practices are aggressive, turning these around the same day by fixing them over the phone or by quickly firing off a redetermination request. "Fix it right away or appeal right away, so you don’t have a situation where you could be making the same mistake on future claims,” urges Maxine Lewis, CPC, president of Medical Coding & Reimbursement Management in Cincinnati.

08/29/2011

CMS wants you to sign up for its new bundled payment initiative, set to launch in 2012, aimed at streamlining patient care during and after inpatient hospital stays while reducing Medicare costs. Similar to accountable care organizations, the Bundled Payments for Care Improvement pilot allows you to share cost-saving gains via four bundled payment models but will penalize you if no savings appear.

08/29/2011

Your practice could be missing out on valuable revenue if it’s in-network with the wrong payers. Choosing to add or drop payers will balance your patient load and is essential to keeping your practice busy and your capitalizing profits, experts say.

Here are key signs to watch out for and tips on what to do when evaluating your practice’s current payer networks’ sufficiency:

08/29/2011

You now have definitive answers from CMS on top questions surrounding the electronic health record (EHR) incentive program, including exactly how the 90-day reporting period works, whether late-adopting practices will face a higher bar and how Medicare Advantage (MA) plans factor into the bonus. In one revealing answer during the Aug. 18 open door call, CMS admitted just how easy it is to attest to meaningful use.

08/29/2011

This chart shows median physician compensation for 20 major specialties, comparing 2008 to 2011 survey data from the American Medical Group Association (AMGA). The average compensation boost across all 20 specialties was $29,888 and the percentage gain was about 9.6% over the three-year period.

08/29/2011

Is there a time limit for CMS to recoup overpayments?

08/29/2011

Download this month's tool -- a labeled template of a successful appeals letter -- to help you quickly turn around denied claims, especially denials that were caused by simple mistakes. You can use the format of this appeal letter to develop your own variation that accounts for your specific specialty, denials and patient cases.

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