Ever feel like you’re drowning in medical codes and tangled in billing complexities? You’re not alone! Healthcare providers nationwide struggle with the ever-changing world of CPT codes and the time-consuming tasks associated with billing and coding. But fear not, there’s a friendly robot assistant waiting to lend a hand – Artificial Intelligence (AI). Hold on, […]
Test your knowledge and identify areas for improvement in your medical billing process! Answer yes or no to each question. 1. Do you ever encounter situations where claims are denied due to typos or missing information in patient demographics or insurance details? 2. Have you ever been unsure about the correct code to use for […]
The healthcare industry remains on the front lines of a relentless battle – the war for talent. Staffing shortages, a pre-pandemic concern, have morphed into a full-blown crisis, threatening patient care, staff well-being, and organizational stability. From harried emergency rooms to understaffed nursing homes, the strain is undeniable. A Deeper Dive: Why We’re Here While […]
Running a successful gastroenterology practice involves a delicate balance. While you focus on delivering exceptional patient care, the intricate complexities of billing and coding can become a source of frustration. Lost revenue, administrative burdens, and the constant challenge of staying compliant with regulations can hinder your practice’s growth and impact your commitment to patient well-being. […]
In an attempt to address in some meaningful way the serious impact of last month’s cyberattack against Optum’s Change Healthcare—which went on to create ripples in the stability of the nation’s overall healthcare system—the Centers for Medicare and Medicaid Services (CMS) issued this past Saturday an announcement that it was providing immediate help. The agency […]
Summary For anesthesia groups wishing to remain independent, strategic planning is a must. As part of these planning sessions, practices must take into account the impact of an increasingly depressed Medicare reimbursement landscape. Today’s article looks at the relevant trends and strategies groups will want to consider. Declining Medicare payment rates for anesthesia are probably […]
SPECIAL ANNOUNCEMENT SUMMARY: As we close 2023 and look towards the new year of reporting with CMS, we walk through the requirements and changes CMS has made. This alert will serve as a guide on what you can expect and how you can best position yourself and your practice to comply with the Quality Payment […]
SUMMARY: The end of the year may be a good time for anesthesia practices to come together to consider their plans and priorities for the coming year. Included in this year-end think-a-thon should be the topics of services, staffing and budgeting. As many of us celebrate the end of a year that has seen many […]
Anesthesia Takes Action The American Society of Anesthesiologists (ASA) this week released a statement in support of a bill moving through Congress that would prevent the Medicare payment reductions that have been scheduled to go into effect beginning in January. Calling them “destructive cuts,” the ASA is calling on federal legislators to immediately pass HR 6683, […]
