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07/09/2012

 

Primary care physicians could get a 7% pay increase and other providers could see bumps between 3% and 5% in 2013, according to the proposed 2013 Medicare physician fee schedule released Friday. But that pay raise may prove moot if Congress doesn’t stop the 27% sustainable growth rate (SGR) cut set to hit payments Jan. 1.

07/02/2012

In a surprise decision, the Supreme Court has upheld almost all of the Patient Protection and Affordable Care Act (ACA), opening the pathway for more patients to flood your office with appointments. The individual mandate, which guarantees health insurance to virtually every U.S. citizen, has been held constitutional as a tax levied by the federal government.

07/02/2012

Your practice may be losing thousands of dollars because of low reimbursement rates from private payer fee schedules. Ask your payers for complete fee schedules every year to avoid falling in that trap. Without seeing the fee schedule, practices can’t make educated decisions as to whether the “updated” rates are higher or lower than before.

07/02/2012

Physicians will check a box labeled “all others negative,” intending to indicate that the patient had no other complaints so other systems were not reviewed. But that type of checkbox indicates that the physician did review the rest of the systems, overstating in the documentation the work the doctor actually did, says Regan Tyler, CPC, senior consultant for DecisionHealth Professional Services.

07/02/2012

If you aren’t scheduling annual wellness visits (AWVs) for your Medicare patients, you’re not only missing out on revenue for those visits but also losing a perfect opportunity to schedule future visits for five reimbursable preventive services.

The questions physicians or non-physician practitioners (NPPs) ask during AWVs inform them which patients are applicable for screenings at separate visits. That makes it simple to schedule the screenings for multiple patients.

07/02/2012

Your revenue is at risk with Medicare poised to automatically filter claims for errors related to new versus established patients. Too many mistakes could look like abusive billing or intentional ignorance about coding rules.

New patient visits pay more than established visits of the same level, but if you bill a new patient with a lower-paying established patient code, you’ll miss out on revenue you’re owed.

07/02/2012

This chart shows the volume of Medicare claims billed by physicians who billed the most and least often, defined by the average number of claims billed per provider within that specialty. Example: The average cardiologist billed 5,053 Medicare claims in 2010. Note: The first seven specialties had the highest Medicare volume in 2010, while the last seven specialties had the lowest volume. Note: These figures were calculated by dividing the total number of services billed by all providers in a specialty into the number of individual physicians enrolled in each specialty, according to Medicare claims and provider enrollment data from 2010.

07/02/2012

A physician at an internal medicine practice performs percutaneous allergy tests and faxes prescriptions for allergy serum, or antigen, to a vendor organization that prepares it. The patient then receives injections at our office. The initial set of injections usually consists of five vials of multiple antigens of different dilution intervals. The vendor that prepares the serum bills our practice, and we charge the patient. How do we bill Medicare for that so the patient’s serum can get reimbursed? Code 95144 is used for preparing the serum, but it’s unclear how to do it in that scenario because the vendor, which does not have its own billing services, does it on our behalf. How can we bill this service in a way that reduces the patient cost?

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