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First the facts on what has taken place so far in the 2011 EHR Incentive Programs. As of June 30th, the total of Medicare EHR Incentive Program payments is over $94 million. As of June 30th, over $166 million has been paid in Medicaid EHR incentives since the program...
Most managers long for the end of paper charts and the day when all of our data is at our fingertips. Lost charts waste so much time and effort in the practice that an EMR seems destined to offer major improvements in efficiency. But getting converted from paper...
As social media matures and more healthcare groups gain experience using it, we understand more about it and the role it will play in the future of healthcare. Last week, Abraham and I gave a program called "Starting the Conversation: An Introduction to Using Social...
Health Reimbursement Accounts or Health Reimbursement Arrangements (HRAs) are Internal Revenue Service (IRS)-sanctioned programs that allow an employer to set aside funds to reimburse medical expenses paid by participating employees. Using an HRA yields "tax...
HIPAA Law The Health Insurance Portability and Accountability Act of 1996 (HIPAA) includes provisions related to insurance, privacy, security, transactions and code sets. The Administrative Simplification Compliance Act (ASCA) amended the Health Insurance Portability...
Medicare and Medicaid use HCPCS (Healthcare Common Procedure Coding System) which is based on the American Medical Association's CPT system. Codes are globally grouped into Level I and Level II: Level I codes include the 5-digit numeric CPT (Current Procedural...
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number (TIN), and is used to identify a business entity.
An HSA is a medical savings account that allows individuals and employers with high-deductible insurance policies to contribute tax free to an account to pay current or future qualified medical expenses.
Hospitalists are physicians who work full-time in the hospital setting. Hospitalists typically work long shifts, often 12 hours at a time and may work 5 to 10 days in a row, taking 5 to 10 days off in rotation. Hospitalists may be employed by the hospitals or by...
There is no one, and I do mean no one, in your medical practice who does not need to know the basics of coding. Here is why: Providing services to patients is the business of healthcare. Every person who relies on healthcare for their living should understand...
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