Family Practice

It came down to the wire, but family medicine physicians narrowly averted a 26.5 percent cut in Medicare physician payments – temporarily – with a stop gap measure that provides for a Medicare payment extension through 2013. The cut was scheduled to take effect on Jan. 1 as a result of the Sustainable Growth Rate (SGR) formula overshooting budgeted Medicare spending. In addition, implementation of the Budget Control Act's (BCA's) sequestration provision measure, scheduled to take effect on Jan. 2, has been delayed for two months. The provision measure calls for a 2 percent cut in the Medicare physician payment rate [...]

These days, change has become the new standard in healthcare. 2013 will be no exception, especially for Family Practice revenue cycle management. Changes will occur to some of your most-used Family Practice codes, including updates to some of your most common vaccines. Plus, you may be facing potential reimbursement issues under the 2013 Fee Schedule and compliance concerns too. And there are E/M coding changes, too. For all of these changes and many more coming down the pike every day in Family Practice medical coding, billing and collections, it's imperative to the health of your Family Practice revenue cycle management to [...]