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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.
Investments in health IT and financial risk-sharing are two big obstacles standing in the way of many small practices getting on board with value-based payment models, states a new report from the Government Accountability Office (GAO).

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