What is ERISA? ERISA is something your practice needs to know about. ERISA, or Employee Retirement Income Security Act, is a 1974-enacted Federal Law conceived to protect the pension plan of an...
Dangers of Erroneous Submission of Medicare Claims
The faulty submission of medical claims can get you into serious financial trouble and adversely impact the bottom line of your practice. A recent example is the case of the St Luke’s University...
How the 2% Medicare Reimbursement Reduction Will Affect ASCs
The debt-ceiling crisis in United States during 2011 paved way for the imposition of Budget Control Act of 2011. The measures to reduce discretionary spending kicked off in January 2013 with the...
Meeting HEDIS Quality Care Goals
There is an increasing focus on the quality of care, whether its prevention, early diagnosis of illness, or therapeutic services. HEDIS ((Healthcare Effectiveness Data and Information Set), created...
Crisp and Objective Obama Care Coverage Forms
Affordable Care Act or Obama HealthCare will provide tax credits to the low/middle-income group of Americans, thus helping them purchase insurance through state-run insurance exchanges. The coverage...
Patient Appointment Cancellations – How to Turn Them to Your Advantage
Appointment cancellations and no-shows are distressing for physicians’ practices. Patients who fail to show up for an appointment or cancel it reduce your revenues and cause waste of valuable staff...
New Medicaid Report Reveals That Physicians Will Be Paid More in the Year 2013
With the effects of the economic recession wearing off and US states slowly picking up the reins of progress once again, a welcome Medicaid trend has been reported. Many states are boosting payment...
Cloning Feature in EHRs May Lead to Higher Billing
The federal government has a new concern to deal with – a cloning feature in electronic health records which enable physicians to cut and paste from the previous visits of patients. The cut and...
Obamacare – Considerations for Physician Practices
The patient protection and affordable care act (PPACA) or Obamacare as it is more popularly known, was signed into law by President Barack Obama on March 23, 2010. After Medicare and Medicaid, this...