Though several things have changed the way the world works, few have had as much an impact as the coronavirus. This respiratory infection has been announced by the WHO as a pandemic, with governments worldwide taking different steps to curb its spread.
At the start of the pandemic, a few medical practices assumed that this would mean a boom in profits for them. Even so, many suffered losses with most patients opting out of elective surgeries and in-person visits.
A two percent cut to Medicare reimbursement will be paused until the end of the year, CMS recently announced. The announcement via the MLN Connects newsletter on April 16th stated that the Medicare sequestration will not be applied to Medicare fee-for-service claims through Dec. 31, 2021, per a new federal law.
A priority bill for the house of medicine has completed its journey through both chambers of the Texas Legislature. Now, the state’s pending tax on medical billing services is just one signature from Gov. Greg Abbott away from disappearing – which would keep physicians from paying passed-down costs from outsourced medical billing companies.
ODM announced the selection of six managed care plans to lead the department’s evolution of managed care services for its more than 3 million members and thousands of medical providers…
In line with its growth and development strategy to enhance profitability and expand its services in the First Quarter of 2021 throughout the Midwest and Eastern United States, NCDS is pleased to announce that it has acquired new clients in Ohio and New York.
At the start of the pandemic, a few medical practices assumed that this would mean a boom in profits for them. Even so, many suffered losses with most patients opting out of elective surgeries and in-person visits.
When starting a medical practice, you expect to have a steady cash flow so that you can meet the expenses of running the practice and make healthy profits. Unfortunately, this might not happen in most cases.
After the passing of the Affordable Care Act in 2010, several incentive programs were introduced to shift the healthcare sector to a value-based model from a fee-based one.
The 2021 AMA National Advocacy Conference is normally held in Washington, with traditional highlights including visits to Capitol Hill where physicians meet with their senators and representatives to seek their support in addressing the concerns of their patients and colleagues.