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CMS Announces Four Additional Hardship Exemptions from the 2012 Medicare Payment Reduction and Extends the Exemption Deadline

by Mary Pat Whaley | Aug 31, 2011 | Electronic Medical Records, Medicare & Reimbursement

  CMS announced today that four additional significant hardship exemptions will allow physicians to be exempt from the 2012 Medicare payment reduction of 1%. Exemptions will be granted to: Eligible professionals who register to participate in the Medicare or...

Guest Advisor Duff Meyer Asks Employers: Do Your Employees Know What They Are Paying for Their Retirement Plan?

by Mary Pat Whaley | Aug 30, 2011 | Compliance, Finance, Human Resources

As we have previously reported, the Department of Labor is taking important steps in the fight against excessive fees in the retirement plan space. Some service providers in the retirement plan industry are opposed to these regulations, claiming they are unnecessarily...

The CMS Bundled Payment Initiative: Providers Can Apply to Participate in a Mini-ACO Initiative

by Mary Pat Whaley | Aug 28, 2011 | Medicare & Reimbursement

Last week the U.S. Department of Health and Human Services (HHS) announced a new initiative to help improve care for patients while they are in the hospital and after they are discharged. Doctors, hospitals, and other health care providers can now apply to participate...

Collections Basics – Part 1: Know Your Payers

by Mary Pat Whaley | Aug 24, 2011 | Collections, Billing & Coding, Day-to-Day Operations, Finance, Innovation

In a traditional healthcare setting, the revenue cycle begins with the insurance companies who pay the majority of the bill. There are multitudes of payers and each payer can have many plans.  How can a healthcare organization catalog this information, keep this...

CMS Announces New 855O Application Form for Providers & Suppliers Who Want to Order and Refer Only

by Mary Pat Whaley | Aug 23, 2011 | Medicare & Reimbursement

The US Office of Management and Budget recently approved changes to the Medicare Provider-Supplier Enrollment Applications (CMS-855) in order to update them from the 2008 versions, as well as the new CMS-855O application form used for the sole purpose of enrolling to...
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