Part B News
10/03/2013
Check the insurance eligibility of your patients two to three days before their appointments to ensure proper billing and collections and to reduce the expense it takes your practice to fix delayed or denied claims. It could save your practice up to $3.32 per claim that it would cost to rework those claims. It's easier than ever thanks to a health reform provision that requires health plans to provide eligibility verification within 20 seconds.
10/03/2013
You have no choice but to accept the automatic across-the-board sequestration 2% budget cuts to your Medicare fee-for-service claims that went into effect April 1. But many private payers have been using it as an excuse to reduce providers’ reimbursements with whom they have contracted, even though providers may not have to comply.
10/03/2013
The more you do something, the better you are it. This old truism certainly seems to apply to new patient E/M codes. We looked at the denial rates of new patient visits for specialists in 2011 and 2012, and compared them to denial rates for primary care physicians in the same period. The results are striking: On average, primary care gets denied twice as much as specialists for codes 99201-99205.
 
10/01/2013
by: Joe Cantlupe

The Dean Clinic has navigated through tough waters toward a value-based physician compensation model. It is an outlier. More commonly, physician and hospital contracts are top-heavy with volume, not value, a physician recruiter says.

10/01/2013
by: Philip Betbeze

Integrating physicians under one management umbrella can be a huge challenge. It's not the acquiring that's hard. It's the integrating. Lack of a cohesive practice strategy is often the culprit.

10/01/2013
by: Margaret Dick Tocknell

A house subcommittee will have another chance next week to amend a draft proposal to kill the sustainable growth rate formula. Without a "doc fix" in place, physicians who treat Medicare patients will face a 24.4% cut in reimbursement rates in 2014.

10/01/2013
by: Cheryl Clark

Some of the biggest cuts are aimed at independent testing laboratories, which see 26% of their fees slashed, followed by radiation therapy centers, which may lose 13% under CMS's "particularly complicated," proposed changes.

10/01/2013
by: Scott Mace

Medication adherence is a multifaceted challenge that's getting a shot in the arm from technology developers. Glowing pill bottle caps connected to the Internet and a digital library of pill images with detailed data on drug interactions are just the beginning.

10/01/2013
by: Margaret Dick Tocknell

Seven of the nine participants in CMS's pilot program for accountable care organizations are applying to transition to the Medicare Shared Savings Program, while two are abandoning the program completely.

09/30/2013

Don’t be sloppy about your flu shots this season, or you might wind up losing money. The new flu vaccine payment allowance, which CMS released this month, won’t help. Compensation on a few flu vaccines is down — the payment allowance on Q2036 (Flulaval IIV3), previously $9.833, is $8.579 as of Aug. 1; 90654 (Fluzone Intradermal IIV3 has gone from $18.981 to $18.918.

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