New information has been released by the Centers for Medicare and Medicaid Services, for new medicare cards, being sent beginning April 1, 2018. To help you prepare for the transition to the Medicare Beneficiary Identifier (MBI) on Medicare cards, review the new information about remittance advices.
Federal funding to run through September 2023 Denver, CO – Congress approved a long-term, six-year funding extension for the Children’s Health Insurance Program known as Child Health Plan Plus (CHP+) in Colorado. CHP+ covers more than 75,000 kids and nearly 800 pregnant women in Colorado. The Department of Health Care Policy and Financing (Department) will…
In the new 2018 Quality Payment Program (QPP) Final Rule, the Centers for Medicare and Medicaid Services (CMS) has outlined a wide range of changes to its value-based care programs. Are you and your EHR vendor prepared? 2018 marks the second year of the Merit-Based Incentive Payment System (MIPS), and the requirements are…
Hospitals across Colorado must begin posting self-pay prices Monday for the most common procedures and treatments they offer — a potential first step in bringing more cost transparency to a sector whose pricing ambiguity has frustrated consumers and public officials alike. The move is mandated by Colorado Senate Bill 65, a 2017 measure from Republican…
Written By: Toni Elhoms, CCS, CPC, AHIMA-Approved ICD-10-CM/PCS Trainer Director of Coding/Compliance Consulting Services It’s that time of the year again! The new 2018 CPT code changes took effect January 1st. Understanding the myriad of upcoming changes is crucial to obtaining the proper reimbursement for your services! The changes for 2018 address a number of…
All of us at RT Welter & Associates, we would like to extend our warmest wishes for you this holiday season! As we spend time with family and friends, we reflect on the joyous year we have had due to our clients and those who support and appreciate the work that we do…
As most medical practices are aware, not all cases are easy to navigate using the latest medical standards. The information below highlights a complicated surgical case along with the correct CPT and ICD-10 codes. Do you have a complicated surgery case need help with coding? RT Welter would love to help! Please upload the operative…
There is a lot of confusion surrounding reporting for transitional care management (TCM) services. CPT offers the following options to report TCM services: 99495 – Transitional Care Management services with the following required elements: communication (direct contact, telephone, electronic) with the patient and/or caregiver within 2 business days of discharge; medical decision making of at least…
On Nov. 2, CMS received the 2018 final payment rule, providing a 1.2 percent increase in ASC reimbursement next year. The final rule also addressed several issues pertaining to orthopedic procedures in ASCs, including total joint replacements and spine procedures. Here are five ways the final rule will affect orthopedic ASCs, according to guidance from…
All of us at RT Welter, would like to wish our clients, families and friends a Happy Thanksgiving! We are grateful for the relationships we have formed and for your continued to support of RT Welter. In observance of the holiday, we will be closed on Thursday, November 23rd to give our employees the opportunity to spend…