Month: August 2012

Providers & Billing Companies Beware: Insurance Carrier Letters Advising Fee Schedule Changes

It has come to our attention that several commercial insurance carriers have been sending providers a letter that notifies them of an upcoming change to their fee schedule. We encourage healthcare providers and billing companies to carefully review the mail that they receive and pay attention to any correspondence from insurance carriers that discusses a …

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Medical Billing Newsflash: CMS Finalizes ICD-10 Date 10.14.2012

On Friday, August 24, 2012, it was announced by HHS Secretary Kathleen Sebelius that the new compliance date for ICD-10 is October 1, 2014. This announcement comes after HHS announced in April 2012 that the original October 1, 2013 deadline would be pushed back, but no final replacement date had been established until today. The final rule will …

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CMS Released the Final Rule for Stage 2 Meaningful Use

Yesterday, August 23, 2012, it was announced that the Centers for Medicare & Medicaid Services (CMS) released the final rule for Stage 2 of the Medicare Electronic Health Record (EHR) Meaningful Use Incentive Programs. U.S. Secretary Sebelius states, “The changes we are announcing today will lead to more coordination of patient care, reduced medical errors, …

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Medical Billing & Coding Reminder: “E” Codes Cannot Be Primary Dx

ICD-9 diagnosis codes that begin with an “E” indicate the external causes of injuries and poisonings, as well as the adverse effects of drugs and substances. For example, E905.3 is used to report a hornet/wasp/bee sting; E880.0 for a fall from stairs or escalator;  E851 for accidental poisoning by barbiturates.  E codes are meant to …

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October 3, 2012 is the Last Day to Begin 90-Day Reporting Period for 2012

To be eligible to receive the Medicare EHR Incentive Program payment for 2012, healthcare providers must begin their 90-day reporting period on or before Wednesday, October 3, 2012. The Medicare EHR Incentive Program will provide incentive payments to eligible professionals that demonstrate meaningful use of certified EHR technology. Even though providers were eligible to begin …

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