As Thanksgiving quickly approaches, we are reminded that we have so much to be thankful for this Thanksgiving, and it’s all thanks to you, our clients! In observance of the holiday, we would like to also show our appreciation to our employees as they spend the day with their friends and family. Therefore, we will…
Amazon clinic is the newest virtual platform for instant connection with healthcare providers. The service is intended to treat common ailments such as allergies and skin conditions. Continue reading to learn more. Amazon.com Inc (AMZN.O) on Tuesday launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat common ailments…
Due to conversion factor (CF) changes made by CMS, access to care may be reduced. These changes also negatively impact physician reimbursement. Continue reading to learn more about the proposed changes. Ninety percent of medical practices reported that the payment cuts found in the 2023 Medicare physician fee schedule would reduce access to care, the…
The American Medical Association (AMA) released the Evaluation and Management CPT code changes that will go in effect January 1, 2023. The changes primarily affect hospital inpatient, observation care, emergency department, nursing facility, home, rest home, domiciliary and consultation visit types. RT Welter is pleased to offer in depth educational webinars around the 2023 E/M…
Humana has revealed its intentions of withdrawing from the Colorado employer group market with coverage ceasing by June 30, 2024. Continue reading to find out more about Humana’s plans for future business. Humana, which provides health insurance to small businesses in Colorado, intends to withdraw from the Colorado employer group market within the next 18…
Bright Health Insurance has made the decision to cut individual and family plans in 2023. These changes are expected to lead to faster profitability at a lower risk. Continue reading to learn more about the upcoming changes and the impact they may have. The health insurer will also no longer offer Medicare Advantage plans outside…
In a recent press release, it was announced that Optum has completed its merger with Change Healthcare. Healthcare providers and payers can look forward to a simpler clinical, administrative and payment process that the merger aims to resolve. Continue reading to learn more about the merger and what it entails. Optum has completed its $7.8…
When it comes to billing models, there are two options for physicians to be reimbursed. A study found that there are certain factors that determine which option may be best. Continue reading to learn about the differences in reimbursement and revenue for physicians. A study examines the differences in reimbursement for medical decision-making (MDM) billing…
After a unanimous decision from the House, The Improving Seniors’ Timely Access to Care Act now makes its way to the Senate. The act aims to make the request process easier by establishing an electronic prior authorization program. Continue reading to learn about what the act would entail if passed by the Senate. The Improving…
After the significant increase of beneficiaries using telehealth services since the start of the COVID-19 pandemic, audits revealed that some providers posed a high risk to program integrity. Despite these concerns, the audits demonstrate the success of telehealth during the COVID-19 pandemic and the years following. Read more about the audit results and what this…