The Patient Protection and Affordable Care Act required rules be crafted and adopted for healthcare electronic funds transfers and electronic remittance advice transactions, and providers will need to be compliant by Jan. 1, 2014, according to Finextra.
ASC Coding, Billing & Collections
Shasta Regional Medical Center in Redding, Calif., has stopped billing Medicare for kwashiorkor, a rare nutritional disorder usually affecting famished children, according to California Watch.
The Surgery Center of Oklahoma in Oklahoma City is making headlines with a unique approach to surgery center billing — an entirely "cash only," free market policy that guarantees rates for procedures, according to an Oklahoma Watchdog report.
CareCloud has appointed John Walsh as its chief technology officer.
Converting ICD-9 codes to ICD-10 will not be enough to fully transition to the new system, according to ICD-10 Watch.
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Eight states and the District of Columbia have been conditionally approved to run their own state health insurance exchange to open for customers by 2014, according to a blog post by HHS Secretary Kathleen Sebelius.
3M Codefinder Software received the top KLAS award for a software product for medical records coding, according to Daily Finance.
Epic and Athenahealth were the top ranked electronic health record providers this year in research firm KLAS' awards, according to Medscape Medical News.
Employers are increasingly offering generous incentives, including waiving deductibles or giving out bonuses — to employees who choose lower-cost providers for surgical care, according to an LA Times report.
Hospital acquisitions of independent physician practices are driving up overall healthcare costs, according to the Charlotte Observer.