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Normally the old adage, “waste not, want not,” would be a reliable rule of thumb to live by. But when you’re trying to stay compliant with Medicare billing rules for drugs and supplies, wasting leftover medications is often the better idea -- as federal prosecutors recently showed a corner-cutting neurologist.
Two incidents at a health center operated by New York-based St. Luke's-Roosevelt Hospital Center show that sending a fax can turn an act that should have cost the organization a few cents into a settlement that cost hundreds of thousands of dollars.
Good news – coders are cutting their ICD-10-CM coding error rate from an average of 15% just after the codes took effect in 2015 to 7% last year, attendees learned at this year’s AAPC Healthcon in Las Vegas.
Any payments or gifts that you received from health vendors in 2016 will appear live on the Open Payments website on June 30. Starting April 1, you'll be on a 45-day countdown to review the data and ensure its accuracy.
Be on the lookout, fraudsters: The federal governent is bearing down hard on misappropriated Medicare funds. A new report shows that the Health Care Fraud and Abuse Control Program (HCFAC), combining efforts of HHS and the Department of Justice (DOJ), returned $1.7 billion to the Medicare Trust Fund in 2016.

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