Procedural codes will change for 2013, and the American Medical Association has announced 600 alterations, including 85 new codes, 119 deleted, 263 revised and 32 resequenced, according to PRWeb.
ASC Coding, Billing & Collections
Hospitals' acquisitions of physician practices are often rationalized as a strategy to increase efficiency, but a Wall Street Journal report suggests the strategy can spike prices for patients and reimbursement rates for insurers.
Here are four tips for Healthcare Technology Online to help healthcare providers increase profit margins and maintain financial success.
Last year, Utah's Medicaid program stopped paying for poor care-related illnesses or injuries, but the amount of money saved by the measure is inconclusive, according to The Salt Lake Tribune.
Long Beach, Calif.-based SCAN Health Plan has agreed to pay the state's Medicaid program $320 million to settle allegations it received over payments going back to 1985, according to the Los Angeles Times.
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Akron, Ohio-based Summa Health System has partnered with two physician groups to form a for-profit management services organization called the Patient-Centered Collaborative Network.
Washington State's Department of Veteran's Affairs is making medical data easily available for clinicians to be able to track trends, anticipate outcomes and improve health services, according to AOL Government.
Coral Gables, Fla.-based Baptist Health is shaking up healthcare billing by taking the lead in payment bundling and setting prices for care prior to services rendered, according to Miami Today.
A former executive at Topeka-based Kansas Health Solutions has been charged with allegedly stealing more than $2 million in Medicaid funds, according to The Kansas City Star.
The federal government loses 30 cents for every dollar earned from Medicaid and Medicare due to medical billing error and fraudulent practices, but some experts attribute a portion of this loss to confusion, according to Business 2 Community.