Earlier this year, the Office of the Inspector General of the Department of Health and Human Services vowed to crack down on health care fraud. In the words of the Inspector General: “Health care fraud drives up healthcare costs, wastes taxpayer money, undermines the Medicare and Medicaid programs, and endangers program beneficiaries.” As a result […]
Blue Cross Blue Shield of Alabama has released updated changes for Monitored Anesthesia Care (MAC) reimbursements released to GI cases. The new effective date is December 28th 2015. As BCBS has released limited information we anticipate many changes before the implementation date. What we know as of today, BCBS will reduce reimbursement to the GI […]
When it comes to anesthesiology billing, timing is everything – literally. More emphasis is placed on the timing around a procedure in anesthesiology billing than perhaps any other specialty, due to the inherent nature of the practice. To bill correctly – and avoid costly audits, as we previously discussed – it’s essential to properly record […]
Anesthesiology providers are some of the more vulnerable providers when it comes to Medicare audits, due to the complex nature of not only delivering care, but billing and coding for any procedure, as well as calculating timing. Because of this vulnerability, the federal government has been particularly aggressive toward anesthesiology providers, especially since the Recovery […]
ICD-10 implementation has come and gone with the October 1st deadline, and so far, providers are caught up with staying ahead of the formidable task of ensuring payments and accurate claims in the face of an unprecedented change. ICD-10 brought with it 68,000 diagnosis codes and 76,000 procedure codes that are required for billing and […]
Earlier this year, the Office of the Inspector General of the Department of Health and Human Services vowed to crack down on health care fraud. In the words of the Inspector General: “Health care fraud drives up healthcare costs, wastes taxpayer money, undermines the Medicare and Medicaid programs, and endangers program beneficiaries.” As a result […]
The rising cost of healthcare across the board has made patient collections even more crucial than they already were. Practices and providers across the country have had to deal with difficulties ensuring all their payments are collected in full and on time. This has resulted in cash flow problems for many, problems that largely can […]
What’s one new symptom that has stricken doctors all across the country? If you said anxiety, you’d be correct. But it’s not just anxiety over the everyday challenges of being a practicing physician. It specifically has to do with one new change in the industry: ICD-10 coding. Starting on October 1, physicians and providers in […]
Blue Cross and Blue Shield of Alabama has issued an important statement updating procedures for anesthesia billing. Effective 12/28/2015, reimbursement for Anesthesia CPT Codes 00810 and 00740 will be based on a fixed fee instead of time. 00810 bills at $275 and 00740 bills at $248. Here is the complete statement from BC/BS. Currently, when […]
For your practice to remain successful, all charts must be coded and billed on time. Incomplete and denied claims put a delay on collecting your accounts receivable. With unexpected mishaps, you cannot always find extra time and experience internally. The most effective way to improve accounts receivables efficiency is to eliminate denials through outsourced medical […]
