Medicare has started the 3 year effort to re-validate ALL Medicare providers! You will be receiving a notification letter. You (the provider) only have 60 days to complete and submit the proper forms that must be completed.
Some practices may find that they cannot increase revenue as easily as they can decrease expenses. Both or a combination of the two can make a practice more profitable.
The following is a portion of the article “Mapping Out Revenue-Cycle Solutions” as provided by Health Leaders Magazine.
The full version may be found here.
As you may be aware United Healthcare and its Secure Horizons product line has recently taken interest in the use of CPT code 99211 with a sudden increase in audit activity. Along with UHC, more and more payers are requesting notes in an effort to verify proper provider documentation, coding and claims payments.
Medicare Revalidation – Medicare requires that ALL enrolled providers and Suppliers to revalidate enrollment information every 5 years. The revalidation initiative is currently in process and will continue through March 2015. You have 60 days from the date of the revalidation notice to submit your application(s).
Exploring the New iPad – The primary update is the addition of a new high resolution ‘retina display’. This 9.7″ screen has a resolution of 2048 x 1536 which is sure to appeal to to the wider medical community.
Did you know?: RT Welter has several long term training affiliations with local, regional and national residency training programs. We routinely meet with the residents (1st year, 2nd year and 3rd year’s) to teach and discuss coding, contracting and business principals of healthcare. Does your residency program need industry experts to come speak to the residents?
Colorado’s Primary Care Fund provides grants to healthcare providers who care for underserved populations and meet specific qualifications.
Did you know that Medicare is having ALL providers re-validate over the next 2 years? This has to be done right, on-time, even with the proper color ink! Don’t leave this to chance or to someone who does not have experience.
We have found that CPC Certification NOW will allow for a much easier transition to ICD-10 than waiting for ICD-10 to be incorporated into the CPC exam. If you are thinking about becoming certified – do it today!