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Posted on by Mick Polo

Medical Billing: Which Terms and Codes Are Important?

As a member of the healthcare industry, it’s vital to be aware of medical terminology and coding. These codes translate a patient’s treatment and billing details into a language that is useful for claims submission and receiving reimbursements in return. Codes are valuable, but understanding what corresponds to them is more important.

Posted on by Mick Polo

How to Lower Revenue Leakage in Your Medical Practice

Whenever or wherever a revenue leakage report surfaces, you’ll find that there are alternative solutions, methods, and strategies to fix such leaks. In order to prevent these problems from impacting your practice, It’s important to keep yourself prepared and overcome the loop-holes in your management, inventory, finances, operations, and billing.

Posted on by Mick Polo

2021 Medicare Pay Schedule Eases Physicians’ Documentation Burdens

Industry News2021 MEDICARE PAY SCHEDULE EASES PHYSICIANS’ DOCUMENTATION BURDENSRES ACT – PROVIDER RELIEF FUNDBack To All PostsNews2021 Medicare pay schedule eases physicians’ documentation burdensKEVIN B. O’REILLY – AMA-ASSN.ORGThe final 2021 Medicare physician payment schedule includes a simpler, more flexible process for coding and documenting evaluation and management (E/M) office-visit services. But those positive changes, set

Posted on by Mick Polo

CMS Finalizes Physician Payment Rule for 2021: 6 Takeaways

Industry NewsCMS FINALIZES PHYSICIAN PAYMENT RULE FOR 2021: 6 TAKEAWAYSBack To All PostsNewsCMS finalizes physician payment rule for 2021: 6 takeawaysAYLA ELLISON – TWITTER.COMCMS released its annual changes to the physician fee schedule for 2021, which updates the payment rates for physician services and expands the list of telehealth services covered by Medicare.Six takeaways from

Posted on by Mick Polo

CMS Issues Final 2021 Physician Fee Schedule

Industry NewsCMS ISSUES FINAL 2021 PHYSICIAN FEE SCHEDULEBack To All PostsNewsCMS issues final 2021 Physician Fee ScheduleTODD SHRYOCK – MEDICALECONOMICS.COMConversion factor drops by 10%, but some practices will benefit from increased E/M coding levels.CMS issued the final rule for the 2021 Physician Fee Schedule and doctors will see a conversion factor of $32.41, a decrease

Posted on by Mick Polo

Fee Schedule, Including E/M Changes

After some delay due to the COVID-19 pandemic, CMS has released the final rule for the 2021 Medicare Physician Fee Schedule. The final rule unveiled by CMS yesterday evening will dictate how much Medicare physicians get paid for delivering care starting January 1, 2021. In the rule, CMS finalized a conversion factor of $31.41, which is a decrease of $3.68 compared to the previous year’s conversion factor.

Posted on by Mick Polo

AMA Updates CPT Code Set to Include COVID-19 Vaccine Codes

Industry NewsAMA UPDATES CPT CODE SET TO INCLUDE COVID-19 VACCINE CODESBack To All PostsNewsAMA Updates CPT Code Set to Include COVID-19 Vaccine CodesREVCYCLEINTELLIGENCE.COMThe organization approved a unique CPT code for each of two COVID-19 vaccines to allow for better tracking, reporting, and analysis of immunization efforts.November 11, 2020 – The American Medical Association (AMA) has added several