Providers Face Cuts in Medicare Physician Fee Schedule Proposed Rule
On July 29, 2022, a “major proposed rule” is set to be published in the Federal Register and will be available online at the federalregister.gov, and govinfo.gov.1 This rule addresses: Medicare and Medicaid Programs; CY 2023 Payment Policies under the Physician Fee...
MIPS/MACRA: How It Can Be Positive For Both Patients and Profitability
For this entry, we are going down the acronym rabbit hole, to explain MIPS and MACRA and describe the advantages of the program(s). Often used in tandem or interchangeably, the Medicare Access and Children’s Health Insurance Program (CHIP) Reauthorization Act,...
Electronic Data Interchange Systems Create A Seamless And Secure Payment Transfer Network
ERA/EFT/EDI Electronic Remittance Advice (ERA) and Electronic Funds Transfer (EFT), Electronic Data Interchange (EDI) are all tools that can be used within the revenue cycle management system. The acronyms mean different things, and the former two are essentially two...
What Is Revenue Integrity and Why Is It Important for Providers?
On June 11th, we posted on our social media about honoring something called “Revenue Integrity Week”. This might seem like just another thing to commemorate, like National Lemonade Day (May 2), or National Nail Polish Day (June 1). Of course, while we have nothing...