The Medicare Improvements for Patients and Providers Act of 2008 provides for e-prescribing financial incentives in 2011 and financial penalties in 2012 and 2013. When you successfully e-prescribe and report on 25 patient encounters, you will be eligible to receive a 1% incentive of the total estimated allowed charges for professional services covered by Medicare Part B rendered in 2011. The big news, however, is the payment reductions for those who do not successfully meet e-prescribing reporting requirements that will be applied—1% in 2012 and 1.5% in 2013.
Coding Corner Question
February’s Coding Challenge
Coding Corner Answer
February’s Coding Answer
Avoid Coding & Billing Nightmares
Imagine getting a demand letter from a carrier that states your practice has incorrectly billed a procedure for the last year. To make matters worse, the carrier is asking you to return an overpayment, which amounts to thousands of dollars, and they want the full overpayment check within 45 days. Believe it or not, this scenario happens to rheumatology practices across the country.
Medical Necessity—What Does it Mean?
Almost every physician in this country has heard this phrase, “denied as not meeting medical necessity for the service performed.” What does this mean? How does a practice document medical necessity? Not knowing the answer to these questions can greatly affect a rheumatology practice’s financial well-being.
Coding Corner Question
January’s Coding Challenge
Coding Corner Answer
January’s Coding Answer
Coding Corner Question
December’s Coding Challenge
Coding Corner Answer
December’s Coding Answer
On the Edge with Medicare: Will Cuts Drive Rheumatologists to Opt Out?
Will cuts drive rheumatologists to opt out?
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