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Televisits Are Free – Find Out How to Increase Cash Flow

Cash Flow is the life-blood of any organization. It focuses on assuring that all organizations (for profit or non-profit) have a continuing stream of cash to pay their bills and keep providing care to patients. Patients are demanding more convenient care that fits their schedule and does not require them to travel to a physician office. Patients have been turning to pharmacies and urgent care centers to get treatment, which reduces revenues for your practice and makes it difficult…

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New Medicare Card Transition Begins April 1

CMS will begin mailing new Medicare cards with the Medicare Beneficiary Identifier (MBI) on April 1. Start using the MBI as soon as your patients get their new cards. The MBI on the new card is effective immediately unless the patient is new to Medicare, in which case refer to the “coverage starts” date on the card. People new to Medicare will only have a Medicare card with an MBI. How can I get the MBI? From your patient’s new Medicare card:…

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Health Risk Assessment Codes

Two new CPT codes may be used to report health risk assessments: 96160, “Administration of patient-focused health risk assessment instrument (e.g., health hazard appraisal) with scoring and documentation, per standardized instrument,” 96161, “Administration of caregiver-focused health risk assessment instrument (e.g., depression inventory) for the benefit of the patient, with scoring and documentation, per standardized instrument.” You may bill this service if the instrument was administered and scored in a diagnostic setting in conjunction with an office visit. You should…

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ICD10 2018 Starts 10/1/2017

On October 1, 2017, there are new ICD10 codes and old ones will be deleted. Any encounter prior to October 1, 2017, will use the 2017 edition. Here are some of the changes: Starting Oct. 1, it will be possible to select a specific ICD-10-CM code when a patient is in remission from abuse of each of a variety of substances, including alcohol, opioids, cannabis and nicotine. Those nine new codes are among 360 new, 142 deleted, and 226…

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MACRA in 2017

MACRA in 2017 will add new incentives for providers based on use of a certified EHR, submitting quality measures, and meeting of quality and cost control measures. https://qpp.cms.gov/education  

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Health insurance deductibles up 40 percent since 2010

People with work-based health insurance are paying much bigger deductibles than they used to. Those with single coverage are paying an average deductible this year of $1,318, up some 40 percent since 2010, when the total was $917, according to national data released Tuesday. Patients will continue to pay more out of pocket for healthcare over the next several years. Even Medicare will cover fewer services and pass more expense to the patient. It is time for healthcare to…

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