ICD-10 Denial Risks Need the Medical Practice Billing Assurances of MedRev Index
For you and your medical practice coding, billing and collections, the impact of the oncoming ICD-10 transition might just be seen as an oncoming freight train when demonstrated with these sobering numerical facts: 68,000 diagnostic codes 87,000 procedure codes Denial rates potentially increasing between 100 and 200 percent AR days [...]
Radiology Coding Expertise Turns ICD-10 Risks Into Revenue Growth Opportunities
Your diagnostic radiology medical revenue cycle management faces several ICD-10 preparedness challenges prior to the implementation deadline. Software upgrades, training classes, and anticipated loss of productivity, to name a few. But the biggest challenge may just be keeping the lights on in the months after the "go live." Without the [...]
ICD-10 Denial Risk Sparks Revenue Growth Opportunity For Emergency Coding and Billing
ICD-10 preparedness is more than just about meeting the Oct. 1, 2014 implementation deadline, it's about the possible impact to your emergency medical practice revenue cycle management following the "go live" if you're not. There's talk about a possible increase in denial rates during the transition, which can reduce practice [...]
Providers Vulnerable to ICD-10 Readiness Without Proper Neurosurgery Coding Support
ICD-10 update: CMS will not perform end-to-end tests of ICD-10-CM and PCS fee-for-service (FFS) claims with providers before the conversion deadline of Oct. 1, 2014. Yes, you read that correctly. According to CMS, end-to-end testing was already performed when its 5010 data standard was implemented last year, and ICD-10-CM and [...]
PV-PQRS Registration by Oct. 15 Avoids Risks to Radiation Oncology Coding and Revenue
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 [...]
Register by Oct. 15 to Avoid PQRS Penalties; Optimize Orthopedic Coding and Billing
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 [...]
Registering by Oct. 15 Avoids PV-PQRS Penalties to Neurosurgery Coding and Billing
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 [...]
Falling Behind in ICD-10 Testing Places Orthopedic Coding at Risk
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 [...]
Clock is Ticking: Radiation Oncology ICD-10 Readiness Depends on Medical Coding Partner
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, [...]
PQRS and MedRev Index: Two Separate Ways to Glean All the Revenue You’re Due
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 [...]