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…
Big changes are coming to Tricare beneficiaries in 2024. DOD recently awarded $136 billion for the T-5 Managed Care Support Contracts launching in 2024 that focus on delivering an enhanced and positive healthcare experience. Continue reading to learn more. KEY TAKEAWAYS The T-5 MCS Contract maintains the requirement for two TRICARE regions in the United…
As we approach the end of the year, the healthcare trends for next year are becoming clear. Things like mental health, affordability, and more are becoming priorities. Continue reading to learn about 7 healthcare trends for 2023. Pursuing affordability of services tops seven healthcare trends for 2023, according to the Business Group on Health. The…
Physician practice revenue has significantly decreased due to the increasingly implemented health insurer downcoding programs. The AMA has provided resources for physicians to assist them in fighting back against these programs. Continue reading to learn more. Payers have been wrongly cutting payments to physicians for evaluation-and-management (E/M) services—often automatically through the use of claim-editing algorithms.…
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…