sam-mi, Author at revMD

PV-PQRS Registration by Oct. 15 Avoids Risks to Radiation Oncology Coding and Revenue

PV-PQRS Registration by Oct. 15 Avoids Risks to Radiation Oncology Coding and Revenue

sam-mi2013-10-08T09:07:32+00:00

Oct. 15, 2013 is the deadline to register for the Centers for Medicare and Medicaid Services (CMS) Physician Value-PQRS (PV-PQRS) Registration System. It's a new application to serve the Physician Value Modifier and PQRS programs that, according to CMS, will allow: Physician group practices to select their CY 2013 PQRS Group Reporting Mechanism and, if the group has 100 or more eligible professionals, elect quality tiering to calculate their CY 2015 Value-based Payment Modifier Individual eligible professionals to select the CMS-calculated Administrative Claims reporting mechanism for CY 2013 in order to avoid the PQRS negative payment [space height="10"] If missed, this [...]

PV-PQRS Registration by Oct. 15 Avoids Risks to Radiation Oncology Coding and Revenuesam-mi2013-10-08T09:07:32+00:00

Register by Oct. 15 to Avoid PQRS Penalties; Optimize Orthopedic Coding and Billing

Register by Oct. 15 to Avoid PQRS Penalties; Optimize Orthopedic Coding and Billing

sam-mi2013-10-03T14:31:50+00:00

Avoid reduced payments impacting your orthopedic coding, billing and collections and ultimately your bottom line when you register for the Centers for Medicare and Medicaid Services (CMS) Physician Value-PQRS (PV-PQRS) Registration System by Oct. 15, 2013. PV-PQRS is a new application to serve the Physician Value Modifier and PQRS programs that, according to CMS, will allow: Physician group practices to select their CY 2013 PQRS Group Reporting Mechanism and, if the group has 100 or more eligible professionals, elect quality tiering to calculate their CY 2015 Value-based Payment Modifier Individual eligible professionals to select the CMS-calculated Administrative Claims reporting mechanism for [...]

Register by Oct. 15 to Avoid PQRS Penalties; Optimize Orthopedic Coding and Billingsam-mi2013-10-03T14:31:50+00:00

Registering by Oct. 15 Avoids PV-PQRS Penalties to Neurosurgery Coding and Billing

Registering by Oct. 15 Avoids PV-PQRS Penalties to Neurosurgery Coding and Billing

sam-mi2013-10-01T11:19:51+00:00

Through AANS and CNS, neurosurgery has been at the forefront of discussions with CMS on the best way to implement payment and quality reform measures that include PQRS. They are advocating on behalf of neurosurgeons in order to ensure their ability to provide timely, compassionate, high quality and state of the art treatment for patients in need of neurosurgical care. These discussions are vital and while they continue, it's important to be aware of deadlines looming overhead that, if missed, could impact your physician medical billing and the financial health of your medical practice billing, coding and collections. Oct. 15, 2013 [...]

Registering by Oct. 15 Avoids PV-PQRS Penalties to Neurosurgery Coding and Billingsam-mi2013-10-01T11:19:51+00:00

Falling Behind in ICD-10 Testing Places Orthopedic Coding at Risk

Falling Behind in ICD-10 Testing Places Orthopedic Coding at Risk

sam-mi2013-09-26T15:42:07+00:00

According to a recent survey conducted by QualiTest Group, three out of four healthcare providers are not meeting the recommended timeline for the switch to ICD-10 by Oct. 1, 2014. Are you counted among those who are not? Is the ICD-10 transition of your orthopedic coding and all other aspects of your medical revenue cycle management at risk? Many healthcare providers across the board think they still have a lot of time to complete the steps necessary including performing ICD-10 testing. Think again. That's because CMS will not be performing end-to-end testing of ICD-10-CM and PCS fee-for-service. End-to-end testing is a [...]

Falling Behind in ICD-10 Testing Places Orthopedic Coding at Risksam-mi2013-09-26T15:42:07+00:00

Clock is Ticking: Radiation Oncology ICD-10 Readiness Depends on Medical Coding Partner

Clock is Ticking: Radiation Oncology ICD-10 Readiness Depends on Medical Coding Partner

sam-mi2013-09-24T10:18:46+00:00

If you think you have lots of time yet to perform ICD-10 testing on your Radiation Oncology coding, billing and collections, think again. CMS will not be performing end-to-end testing of ICD-10-CM and PCS fee-for-service. That means there's added burden that rests squarely on your shoulders—unless you have an independent, third party medical coding and billing partner with special expertise in the ICD-10 transition. It's time to re-examine where you are in the process, and if additional support is needed to help you prepare and allocate adequate time to perform all the testing steps necessary to assure your readiness by Oct. [...]

Clock is Ticking: Radiation Oncology ICD-10 Readiness Depends on Medical Coding Partnersam-mi2013-09-24T10:18:46+00:00

PQRS and MedRev Index: Two Separate Ways to Glean All the Revenue You’re Due

PQRS and MedRev Index: Two Separate Ways to Glean All the Revenue You’re Due

sam-mi2013-09-19T15:20:53+00:00

Your revenue stream is dependent on several factors. Among them are the quality of your medical coding, billing and collections, your participation in the Physician Quality Reporting System (PQRS) and understanding just how your medical practice coding, billing and collections can reveal your true revenue potential. PQRS Incomplete information is the culprit often times when it comes to getting all the revenue you're due. With regard to the Physician Quality Reporting System (PQRS), incomplete quality reporting can lead to future penalties, starting in 2015, and reduced payments to physicians. Did you know physicians could lose up to a total of $1.3 [...]

PQRS and MedRev Index: Two Separate Ways to Glean All the Revenue You’re Duesam-mi2013-09-19T15:20:53+00:00

Assured Return is a Steady Rudder in Choppy Medical Practice Billing, Compliance Waters

Assured Return is a Steady Rudder in Choppy Medical Practice Billing, Compliance Waters

sam-mi2013-09-17T15:19:54+00:00

As the heat is being turned up for both medical practice compliance and revenue streams, assurances are needed right now. Incomplete documentation significantly raises the risk for medical practice compliance audits. It's time for some assurances not only to reduce the risks for your practice but also stimulate its growth. Compliance Assurances The likelihood of compliance audits for medical practice revenue cycle management is rising steadily. If you've ever bemoaned the weight on your shoulders to provide more detailed documentation, now is a good time to be reminded of the increased risks to you and your practice if you don't. Take [...]

Assured Return is a Steady Rudder in Choppy Medical Practice Billing, Compliance Waterssam-mi2013-09-17T15:19:54+00:00

Details, Details! Full Revenue Potential from Medical Coding, Billing Can Be Missed Without MedRev Index

Details, Details! Full Revenue Potential from Medical Coding, Billing Can Be Missed Without MedRev Index

sam-mi2013-09-12T10:26:13+00:00

In a profession where the devil is in the details, it's surprising how many opportunities there are to miss them. Those details, or lack thereof, can impact compliance and... the financial health of your practice's medical practice billing and coding. Your compliance risk in medical coding and billing is increasing, especially as medical practices prepare for the transition to ICD-10 in October 2014. More detailed documentation a must. If you've ever bemoaned the weight on your shoulders to provide more detailed documentation to ensure compliance in your medical practice billing, now is a good time to be reminded of the increased [...]

Details, Details! Full Revenue Potential from Medical Coding, Billing Can Be Missed Without MedRev Indexsam-mi2013-09-12T10:26:13+00:00

Avoid Penalties: PQRS Reporting in 2013 Requires Diagnostic Radiology Coding Expertise

Avoid Penalties: PQRS Reporting in 2013 Requires Diagnostic Radiology Coding Expertise

sam-mi2013-09-09T09:35:22+00:00

Did you know what you do this year, in 2013, is dependent on whether your Diagnostic Radiology practice loses money in 2015? If you're among the majority of Diagnostic Radiology practices currently not participating in, or qualifying for the Physician Quality Reporting System (PQRS), you're at risk for doing just that. While less than a quarter of radiologists qualified for the bonus money CMS hands out for meeting PQRS requirements in 2010 (the most recent year full data is available), according to a study from the Harvey L. Neiman Health Policy Institute published in the Journal of the American College of [...]

Avoid Penalties: PQRS Reporting in 2013 Requires Diagnostic Radiology Coding Expertisesam-mi2013-09-09T09:35:22+00:00

Future PQRS Payments Require 2013 Reporting and Emergency Coding Expertise

Future PQRS Payments Require 2013 Reporting and Emergency Coding Expertise

sam-mi2013-09-06T13:11:40+00:00

PQRS shows us that our payment system is moving in a new direction. Fee-for-volume is giving way to the new world of fee-for-value. That's why PQRS requirements are tied to your incentive payments and after 2014... payment penalties for failing to meet requirements. By not complying with Physician Quality Reporting System (PQRS) requirements, you're doing just that, placing yourself at risk for penalties that could reduce your hard earned revenue. According to a new study by The Harvey L. Neiman Health Policy Institute, "more than 80 percent of Medicare providers will face penalties for failing to meet quality thresholds if current [...]

Future PQRS Payments Require 2013 Reporting and Emergency Coding Expertisesam-mi2013-09-06T13:11:40+00:00

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