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The impending transition from ICD-9 to ICD-10 diagnostic coding sets has healthcare providers concerned over the confusion that may result when they switch from roughly 18,000 codes to nearly 150,000. The Centers for Medicare & Medicaid Services (CMS) is attempting
The Centers for Medicare and Medicaid Services (CMS) will utilize cloud computing as a cost-effective means to facilitate its insurance exchange initiative across the country. The CMS is tapping Terremark Federal Group, Inc. to be the provider of cloud-computing services
Managed properly, forwarding your lines to an answering service can be an effective way to field patient calls after-hours. Your practice can provide a better level of care, filter messages for on-call personnel and avoid the high costs associated
One of the most important parts of billing is handling denials. Thousands of dollars a year can be lost in providers’ offices that don’t handle denials. In fact, I saw a statistic once that said 47% of denied claims don’t
While it’s unclear why the dinosaurs disappeared from the earth, it’s easier to explain why the number of private physician practices is shrinking at an alarming rate. Economic pressures, long hours and pending Medicare pay cut all weigh heavily on
As physician practices are planning their electronic health record conversion strategy, they are quickly realizing the numerous choices are overwhelming and the cost seems discouraging. However, the transition doesn’t have to be as complicated, costly, and painful as it appears.
The move to electronic health records has physicians trading in their paper charts for computers, but even with all the advantages technology brings, it also presents new hurdles. Web-based practice management and EHR systems have a multitude of benefits for
A recent report from the American Medical Association (AMA) provides some shocking numbers on the cost of inaccurate health insurance claim payments. It’s not surprising that patients and physicians are frustrated by the high cost of health care due to
Question: Our senior partner wants us to stop using Social Security numbers as patient identifiers immediately. Furthermore, he wants them removed from charts as charts are handled. We do not require patients to disclose this information if they choose not
Medical practices are going unpaid for 25% of the work they perform, according to the MGMA. Complicated payer processes and constantly changing rules make it difficult for physicians to collect the full amount they are owed. In 7 Best Practices
