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Top 5 Issues Affecting Cardiology Practices and Revenue Cycle Management in 2013

2013-03-15T09:00:37+00:00

For many years cardiologists received generous reimbursement for their office based testing services. Nowadays, reimbursements have decreased, not only for tests but also other areas of cardiac medicine, creating new challenges and issues for cardiology medical coding, billing and collections. Truth be told, they may not be fully prepared to manage their practice and revenue cycle management in this new era of lower reimbursement. Add to that the uncertain world of healthcare reform, ICD-10 and HIPAA, and cardiologists are faced with an increasing number of challenges that threaten financial success. While these issues may be familiar to you, it may be [...]

Top 5 Issues Affecting Cardiology Practices and Revenue Cycle Management in 20132013-03-15T09:00:37+00:00

Recent Changes in Cardiology Revenue Cycle Management Include Chart Auditing Standards

2012-12-26T21:21:03+00:00

Maintaining superior levels of quality care is what you've built your cardiology practice on. But changes in cardiology medical coding, billing and collections, specifically related to medical record auditing, have emerged that can create challenges for your practice if you haven't fully prepared. The quality of care provided by any cardiology practice is based on the accurate and complete clinical documentation of medical records. However, changes to the auditing standard have occurred to ensure that accuracy. Has your practice fully transitioned to SSAE 16? Developed in 2011 by the American Institute of Certified Public Accountants (AICPA), this new auditing standard replaces [...]

Recent Changes in Cardiology Revenue Cycle Management Include Chart Auditing Standards2012-12-26T21:21:03+00:00

Affordable Care Act Impacts Cardiology Revenue Cycle Management

2012-12-15T15:32:38+00:00

Proponents of the Affordable Care Act (ACA) are hoping the ruling may provide the tools for both combating CVD and improving the health care system. But what about the health of your cardiology practice? How will your Cardiology revenue cycle management be impacted? Along with healthcare reform, payment reform is here and with it come the pressures to understand and implement new policies and procedures in Cardiology medical coding and billing. In June 2012, the MGMA-ACMPE released the results of a questionnaire that ranked members' most pressing practice management challenges. No. 2 was: Preparing for reimbursement models that place a greater [...]

Affordable Care Act Impacts Cardiology Revenue Cycle Management2012-12-15T15:32:38+00:00

2013 Compliance Regs are the Heartbeat of Cardiology Revenue Cycle Management

2012-11-16T12:29:15+00:00

Reviewing Medicare Part B claims is a big area of focus in 2013 for the HHS Office of Inspector General (OIG). And it is anticipated that Cardiology revenue cycle management will be hit significantly with coding changes. Before the New Year, get to know all areas of change in compliance and how they will impact your Cardiology medical coding, billing and collections. With all the compliance regulations today, it's a struggle to optimize Cardiology revenue cycle management, particularly when compliance needs to be upheld, denied claims need to be appealed and grueling technical questions about diagnoses and procedures need to be [...]

2013 Compliance Regs are the Heartbeat of Cardiology Revenue Cycle Management2012-11-16T12:29:15+00:00
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