President Barack Obama's reelection will now prompt insurers to expedite preparations to achieve compliance with state exchange requirements as directed by the Affordable Care Act, according to hCentive, a healthcare exchange technology company.
ASC Coding, Billing & Collections
Healthcare providers and surgery centers have historically focused much of their efforts on collecting from commercial and government payors. However, as the patient pay portion increases, it will require a more concerted effort to maintain proper payment for procedures.
The Medicare physician fee schedule for 2013 includes a 26.5 percent pay cut based on the sustainable growth rate formula and a 7 percent reduction for radiation oncology services, according to Oncology Practice.
First Databank, a provider of drug knowledge for medication-related decisions and patient outcomes, accounted the release of ICD-10 procedure coding system within its MedKnowledge drug knowledge database, according to Healthcare Finance News.
Robin Carney, a health lawyer for Florida Health Law Center, and Joe Macies, CEO of AmkaiSolutions, discuss five trends in Medicare reimbursement ambulatory surgery centers should prepare for in the future.
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A recent article by David McCann, senior editor at CFO Magazine, argues that President Barack Obama's signature healthcare law may indeed reduce healthcare costs, but it will be a "relative drop in the bucket" to unraveling the "problem of back-breaking"…
The number of disreputable healthcare providers trying to scam the system is increasing, and knowing where schemes tend to appear is the first defense in fighting fraud, according to Healthcare Finance News.
Implementing a successful point of service collection program requires clear objectives to all hospital employees and comprehensive training for staff members involved, according to Healthcare Finance News.
Rebecca Overton, director of revenue cycle management for Surgical Management Professionals, discusses eight ideas for strong payor contract re-negotiation.
AmkaiSolutions, an industry leader in providing innovative software solutions to ASCs, surgical hospitals and surgical practices, has worked with its surgery centers partners affected by the recent medication recall due to the nationwide meningitis outbreak to generate a special report…