On Friday, August 22nd, the Maryland Insurance Administration released the final insurance rates for individuals buying health insurance plans under the health exchange. In early June of this year, CareFirst proposed drastic premium increases of 23 – 30 percent; fortunately for individual consumers, CareFirst will only be allowed an increase of 9.8 – 16.2 percent. […]
2015 will bring some well-deserved additional reimbursement for primary care physicians and other providers that manage some of the most difficult patients in the healthcare system: those with multiple chronic illnesses. Beginning in 2015, Medicare is going to begin to make separate, monthly payments to physicians for chronic care management (CCM) services. These services include
Medicare to Pay Doctors for Chronic Care Management Read More »
Check out this infographic, recently published by Medscape, based on a 2014 physician survey. The survey looked at the top and bottom earners based on specialty, geographic location, and workplace settings. The survey also looked at the compensation between male and female providers, with female providers bringing in only 76% of what their male counterparts earn. The
Physician Compensation Report: Top and Bottom Earners by Specialty, Gender, And More… Read More »
On Wednesday, April 9, 2014, the Centers for Medicare & Medicaid Services made a historic release of the most detailed data that it ever has on procedures billed and payments received by each individual physician. Historically, the AMA has been opposed to such a release, as it was seen as a potential for privacy violations
CMS Releases Detailed, Individual Provider Data Read More »
On April 1, 2014, President Obama signed into law the Protecting Access to Medicare Act of 2014. Below are the main points of the legislation: ICD-10 delayed until October 1, 2015 (a one year extension from the October 1, 2014 deadline that was previously scheduled). The law prevents the 24% SGR payment reduction, which was scheduled
President Signs Off: ICD-10 Delay, SGR Cut Averted Read More »
The House of Representatives voted “YES” yesterday, March 27, 2014, on a bill that would delay ICD-10 implementation until October 1, 2015. The vote will now go to the Senate, and if passed, will move to the President’s desk for signature or veto. The bill was originally designed to delay the hefty 24% cut in Medicare
ICD-10 DELAY? Congress Deliberates Read More »
In a recent MLN Matters article, CMS re-iterated that it will offer ICD-10 acknowledgment testing from March 3-7, 2014. Per the MLN Article, “This testing will allow all providers, billing companies, and clearinghouses the opportunity to determine whether CMS will be able to accept their claims with ICD-10 codes. While test claims will not be
CMS offers ICD-10 Testing: March 3-7, 2014 Read More »
At Healthcare Data Management, we are in the process of actively learning as much as we can about the new health exchange insurance products in Maryland, and the impact that they may have on local physician practices. As information becomes available, we will continue to provide you with pertinent information and updates. For today, we wanted to draw
Health Insurance Exchange Plans & Patient Balances Read More »
CMS has announced that they are extending the deadline for eligible professionals to attest to meaningful use for the Medicare EHR Incentive Program 2013 reporting year. With the extension, providers have one extra month to submit their data, as the deadline has been pushed back from February 28, 2014 to March 31, 2014. For providers
CMS Extends EHR Attestation Deadline Read More »
The National Uniform Claim Committee has developed and approved a new version of the HCFA 1500 claim form so that it is fully in line with the 5010 Standards and can accommodate the new ICD-10 code set. While the NUCC has been working on this new claim form since 2009, it received official approval in
Changes to the 1500 Claim Form Read More »
