Consignment closets, 'stock and bill' arrangements still a viable option
January 25th 2012In the age of heightened regulatory scrutiny, you may question whether consignment closet relationships are legal. If properly structured they can be especially beneficial to patients in need of expensive medical devices.
Physician fee schedule rate change delayed
January 25th 2012The Centers for Medicare and Medicaid Services (CMS) released the final rule for its physician fee schedule November 1 and stated that providers would see an across-the-board reduction of 27.4% for services in 2012, but much is still unclear about this change.
One-third of PCPs working with regional extension centers to implement EHRs
November 30th 2011More than 100,000 primary care practices are using the services of a regional extension center to implement electronic health records. Consider joining them if your practice is closer to the beginning of the process than the end.
Physician organizations blast ‘supercommittee’ inaction
November 30th 2011The federal Joint Select Committee on Deficit Reduction failed to reach agreement on a deficit-reduction proposal, which means that doctors still face a 27% cut in Medicare payments effective January 1. Predictably, the decision elicited strong reactions from organizations representing primary care physicians. Read what the organizations are saying on your behalf and their suggestions for future action.
5010 compliance: You get 90-day reprieve
November 30th 2011If your office isn’t prepared to submit claims using version 5010 electronic transaction standards, take a breath but keep on working. With so many of your fellow physicians in the same position, the Centers for Medicare and Medicaid Services has decided to wait until March 31 to begin enforcing adherence to the standards. Some caveats apply, however.
Physician offices lead the pack in job creation
November 23rd 2011Physicians are doing their part to improve the lackluster economy. Healthcare employment grew by 12,000 jobs in October, with 8,000 of those jobs in doctors' offices, according to the Bureau of Labor Statistics. This after September saw the highest growth in healthcare employment in 9 years. Find out how that rate compares with growth in other industry sectors and how long you can expect the healthcare boom to last.
Is health reform law constitutional? Supreme Court will decide
November 23rd 2011Have you and your colleagues expended significant time and money to understand and meet the requirements of a law that may be declared unconstitutional? The answer is not clear at this point, but at least the issue is headed toward resolution. The U.S. Supreme Court has agreed to rule on the constitutionality of the Patient Protection and Affordable Care Act, with oral arguments likely this spring and a decision later next year. Find out what issues before the court could have the biggest effect on your practice.
ICD-10 deadline sparks battle of titans: AMA vs. CMS
November 23rd 2011The American Medical Association House of Delegates has voted to “work vigorously to stop implementation of ICD-10” by an October 2013 deadline. But don’t get your hopes up. The smart money is probably on the government. Find out what the Centers for Medicare and Medicaid Services said about changing the deadline, and why the agency is so anxious to start using the new coding system.