The recent collapse and FDIC takeover of Silicon Valley Bank is expected to have a major impact on the digital health ecosystem and healthcare technology market, affecting startups and health systems alike. The collapse could set startups and innovation back by 10 years or more and impact upcoming healthcare events like ViVE and HIMSS. Continue…
The Centers for Medicare and Medicaid Services (CMS) has released a fact sheet addressing the end of the COVID-19 Public Health Emergency (PHE) and the impact it will have on waivers, flexibilities, and healthcare services. While some changes that were made will remain in place, others will expire. Continue reading to learn about the impact…
The American Medical Association (AMA) released the Evaluation and Management CPT code changes that went into 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 code…
With the end of the COVID-19 public health emergency nearing, healthcare organizations are bracing for the expiration of certain digital health and telehealth program waivers, including payment parity for Medicare and leniency on HIPAA enforcement. While Congress has extended some waivers for another two years, some providers may have to shut down their programs, potentially…
The well known Colorado based hospital system, Centura Health, is going through a major development in their company. They announced that their hospitals located in Colorado and Kansas will now be managed by two separate companies. Continue reading to learn more about the future of the company. One of Colorado’s largest hospital systems is breaking…
Nearly 100 organizations, including the American Medical Association (AMA), American College of Radiology, and American Academy of Family Physicians, have written a joint letter to every US senator and representative, calling for long-term payment solutions for the Medicare physician payment system. Medicare payments to clinicians have declined greatly, leading to physician burnout and workforce shortages,…
Due to a shortage of practicing physicians in several counties throughout Colorado, a bill has been proposed to allow physician assistants to administer health care services without the supervision of a physician. Continue reading to learn more about the proposed bill and what it entails. This is not the first time a bill of this…
When it comes to physician pay and Medicare, it always seems to be a patchwork job. Instead of attempting to avoid these cuts, physicians need the government to do its part in addressing the payment system to be more sustainable. Continue reading to learn more. The AMA’s push to avert an 8.5% Medicare cut in…
2023 has brought significant CPT code changes with 225 new codes 93 revised codes and 75 deleted codes. Additionally, there are coding guideline changes in every section except for anesthesia. While the primary and most impactful changes are to the Evaluation and Management (E/M) code section, the other sections with the most significant changes include…
The American Medical Association (AMA) knows how important it is for patients and physicians to be protected against burnout. The AMA is making sure that patients and physicians feel supported during high-stress times. Continue reading to learn more about how the AMA is standing up for patients and physicians. Last year was a tough one…