Blue Cross Blue Shield health plans in seven states are under federal investigation to examine whether they are raising health-insurance premiums through agreements with hospitals that stifle business with rival payors, according to a Wall Street Journal report.
ASC Coding, Billing & Collections
On Oct. 1, 2013, ICD-10-CM (clinical modification) and ICD-10-PCS (procedural coding system) will be implemented into the HIPAA mandated code, increasing the number of codes from around 13,600 under ICD-9 to around 69,000 under ICD-10. Here are four predictions from…
MedDraft Debt Prevention Services, a payment solutions company, has announced the launch of Medicalbillpaid.com, a web portal which enables providers to accept payment from patients online.
Physician practices must start preparing now for the implementation of ICD-10 codes, according to an article published in the March edition of Physicians Practice Options.
Aetna is suing six New Jersey physicians who allegedly filed out-of-network claims for patients admitted to in-network hospitals, according to a report by the Record.
Most experts agree that after the ICD-10 implementation date of Oct. 1, 2013, even well-trained coders will take longer with the new coding system than they did with ICD-9, according to a blog post published by Tom Sullivan in ICD-10Watch.
Ambulatory surgery centers enrolling in the Medicare program for the first time, revalidating their Medicare enrollment or adding a new practice location will have to pay CMS a $505 fee beginning March 25, according a report from the ASC Association…
Displaced aerospace workers may seek employment in the healthcare industry when the space shuttle program ends this year, sending thousands of aerospace workers into unemployment, according to a Florida Today report.
CMS has published a MLN Matters article on the importance of coding the place of service by physicians and billing agents who submit claims to Medicare.
GENASCIS, a billing, revenue cycle management and data analytics firm in the ambulatory surgery industry, has announced the development of MEDIBIS Mobile, which the company says will provide physicians and ASC administrators access to relevant data on their facilities' financial…
