Misdiagnosis is proven to be a serious concern for hospitals and may lead to patient harm, incorrect or delayed treatment, wasted resources and malpractice lawsuits. A wrong diagnosis by a...
CMS’ New Meaningful Use Rule – A Welcome Step But Not Without Hitches
The new rule released by CMS provides a breather for physicians since it allows flexibility in certified EHR technology for meeting meaningful use in 2014. In addition, this rule finalizes the...
Be Prepared for a Private Payer Audit
Private payers often send notices to physician practices claiming that they have made an overpayment, and that physicians should remit the amount due to them within a certain deadline. Payers may...
ICD 10 Implementation Delayed Until 2015
For the last six months, there was a big push for ICD-10. However, the implementation of ICD-10 has been delayed until October 1, 2015. The news is surely a big relief for many healthcare providers...
Electronic Health Records Contributing to Upcoding and Medical Billing Fraud, Says HHS Report
Though CMS is encouraging Medicare 'meaningful use' of EHRs by paying over $22.5 billion as incentives, a recent report released by the Office of the Inspector General for the Health and Human...
24% Pay Cut for Medicare Docs in 2014 – How Physicians May Offset It
A recent CNN report has highlighted the 24.4% cut Medicare doctors are going to face in their reimbursements from January 1, 2014. This is much higher than the 2% reduction in 2013. This scheduled...
Medical Testing Price Comparison by Physicians Can Cut Health Care Costs
It is expected that total health care spending in the United States will reach $4.8 trillion or nearly 20 percent of gross domestic product (GDP) by 2021. Increasing health care costs are straining...
Anesthesia Coding, Its Difficulties and Challenges
In the realm of medical coding, anesthesia coding is a specialized branch that requires an understanding of the intricacies involved in anesthesia coding guidelines to provide an accurate charge...
Move towards Healthcare for Angel Investments
A significant trend has emerged in angel investments in the United States. Angel investor groups are heading towards healthcare, if research on the first quarter of the current financial year is to...