by Abraham Whaley | May 1, 2013 | Collections, Billing & Coding, Compliance, Day-to-Day Operations, Electronic Medical Records, Finance, Headlines, Medicare & Reimbursement, Quality
NOTE: CMS has just added additional presentations of the webinar below – please check the end of the article for added dates. MPW What is PQRS? The Physician Quality Reporting System (Physician Quality Reporting or PQRS) is a CMS reporting program...
by Mary Pat Whaley | Apr 11, 2013 | Collections, Billing & Coding, Medicare & Reimbursement, Medicare This Week
CMS has clarified the Place of Service (POS) codes that Physicians/Providers are to use on claims for services to patients starting April 1, 2013. This is more than a simple technical requirement, however. The correct place of service is directly tied to how much a...
by Abraham Whaley | Apr 3, 2013 | Collections, Billing & Coding, Day-to-Day Operations, Finance, Headlines
Staying with the theme of practice models for independent physicians, here’s an interview with Samir Qamar, MD of MedLion. Mary Pat: You are the Founder and Chief Executive Officer of MedLion, as well as a practicing Family Physician....
by Abraham Whaley | Mar 31, 2013 | Collections, Billing & Coding, Day-to-Day Operations, Finance, Headlines, Medicare & Reimbursement
This is no April Fool’s Joke for medical practices and providers: starting Monday, April 1st, we will face a 2% cut in reimbursement for services due to the “sequester.” The sequester is the other half of the “fiscal cliff” that we...
by Mary Pat Whaley | Mar 27, 2013 | A Career in Practice Management, Collections, Billing & Coding, Day-to-Day Operations, Medicare & Reimbursement
There’s a lot of talk today about how physicians (and other care entities) are paid. This slide deck discusses how the system used predominantly today (RBRVS) to pay physicians came to be and how Medicare and other payers calculate a payment. Download this Slide...
by Mary Pat Whaley | Mar 26, 2013 | Collections, Billing & Coding, Day-to-Day Operations, Finance
If you could improve your patient collections from $600 a week to $6000 a week, would you do it? Of course you would! These numbers are from a Manage My Practice client who is collecting between $2500 – $3000 per day in a solo primary care physician practice...
