The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) is a $2.2 trillion economic relief package intended to mitigate the impacts of the coronavirus pandemic. Signed into law in March 2020, this federal program provides direct financial assistance to workers, families, and small businesses, including healthcare and anesthesia providers. Spending areas for this relief […]
Throughout the coronavirus pandemic, healthcare professionals have been some of the most affected actors in this real-life drama. In terms of their physical health, as well as the emotional stress and strain they’ve experienced, the toll has been a constant. We reached out to anesthesia providers to better understand what the day-to-day looked like for […]
Before the emergence of COVID-19 as a global pandemic, less than 20% of all people in the United States used some form of telemedicine. However, as the virus spread, more healthcare institutions turned to alternative ways to provide services to patients while limiting in-person visits and interactions. Has the rise of telemedicine affected your practice's […]
MACRA (the Medicare Access and Chip Reauthorization Act) was created to help healthcare providers report data on the quality of services to reduce the burden of healthcare costs on the taxpayers. MACRA reports hundreds of measures, but not all apply to anesthesia providers and groups across the board. We have compiled the relevant measures that […]
As you are aware the CARES Act Provider relief funds should have been deposited into your account. The final step is to verify and complete the attestations that your group received the funds. Medical Business Management is here to help if you have any questions or need assistance please let me know. In order to […]
As the United States grapples with the COVID-19 pandemic, many anesthesiologists and CRNAs are struggling to understand how this unfolding situation will affect their practice financially and logistically. A pair for updates from The Centers for Medicare & Medicaid Services (CMS) provides critical updates that affect physician supervision requirements and accelerated reimbursements. If you have questions about how […]
CMS Adult Elective Surgery and Procedures Recommendations: Limit all non-essential planned surgeries and procedures, including dental, until further notice To aggressively address COVID-19, CMS recognizes that the conservation of critical resources such as ventilators and Personal Protective Equipment (PPE) is essential, as well as limiting exposure of patients and staff to the SARS-CoV-2 virus. Following […]
Medical Business Management would like to take the time to honor all CRNAs (Certified Registered Nurse Anesthetists) during National CRNA Week for their hard work and efforts. The purpose of National CRNA Week isn’t just to celebrate all CRNAs around the world but to also educate the public on what their work entails. What do […]
The Transition Period is Over! For 2020, it’s out with the old, and in with the new. Starting January 1st, 2020, CMS will reject any and all claims submitted with the old, the HICN (Health Insurance Claim Number), and will only accept them submitted with the new, the MBI (Medicare Beneficiary Identifier). Hopefully, you’ve been […]
As we’ve seen with the other major changes to the Relative Value Guide in 2019, the definition for accurate start and stop times has gotten more complex in order to allow for more flexibility. It seems counterintuitive that a more rigid definition can lead to more adjustability in practice, but it’s true. Surgery is a […]
