Category Archives: Practice Management
What We’re Reading – Getting prepared for ordering and referring denial edits
Are you aware that, effective May 1, 2013, CMS will deny claims if the ordering and/or referring providers are not enrolled in the Medicare system? This will affect all Medicare Part B covered services, durable medical equipment, orthotics, and supplies … Read Full Post
Do EHRs Contribute to Coding and Payment Inaccuracies?
Many providers have touted the electronic health record (EHR) as the magic bullet to improve billing accuracy. However, according to the Center for Public Integrity, “Medicare regulators also acknowledge they are struggling to rein in a surge of aggressive — … Read Full Post
What We’re Reading – 7 Ways to Attract New Patients to Your Medical Practice
Virtually all providers are looking for ways to grow their patient base. The challenge in these economic times is to do it without spending a fortune on marketing and advertising services. This article explores less expensive and even free options … Read Full Post
Is Your HIPAA Program on ‘Auto-Pilot?’ Security Rule Requires Continuous Oversight
Most healthcare providers automatically think about privacy issues when the HIPAA law comes to mind and seem to have gone on ‘auto-pilot’ when it comes to protecting privacy. It’s not uncommon to see offices being mindful of the visibility of … Read Full Post
Medicare ACOs: Risk Adjusted Reimbursement’s Mathematical Impossibility (Part 5)
So far in this five-part series on Medicare ACOs, we’ve explored the basics of the concept, the patients’ participation, the fundamentals of reimbursement as well as the provider’s role and incentives. Recall that we explained in an earlier section that … Read Full Post
Medicare ACOs: Healthcare providers and the ACO (Part 4)
The ACO contemplates a paradigm where the entire continuum of care (from physicians to hospitals to rehab centers and everything in between) is coordinated on the beneficiary’s behalf to deliver quality and cost-effective care. In the fourth installment of our … Read Full Post
What We’re Reading – Strategic Planning for Your Medical Practice
The words ‘strategic planning’ usually conjure up a mega-conglomerate with multiple committees and planning gurus, not a small to medium-sized medical practice, right? Wrong. Physicians and decision makers need to – at least annually – stop, look at environmental factors … Read Full Post
Medicare ACOs: The Basics of Financing (Part 3)
In the first two parts of this five-part series, we looked at some background information on ACOs as well as the assignment of Medicare beneficiaries and the limitations on their choices. In essence, there are no limitations on provider choice … Read Full Post
Medicare ACOs: Medicare beneficiaries and the ACO (Part 2)
Last time, we reviewed some of the background information concerning ACOs and the objective of this care delivery model. In this installment of the five-part series, we will begin where health care truly starts: the patient. Medicare beneficiaries will be … Read Full Post
Medicare ACOs: Stroke of Genius or Mathematical Impossibility? (Part 1)
The big buzz these days is about ACOs. In this series, we will discuss some of the features of Accountable Care Organizations and explore the overall question: Are Medicare ACOs a stroke of genius or a mathematical impossibility? This five-part … Read Full Post