Medicare released a physician fee schedule on December 1st that is set to take effect on January 1st, 2020. The release of the Final Rule delivers a 10.2% drop in the Conversion Factor. Most other E/M revisions remain on track with the AMA. Continue reading below to learn more. by: Ginger Avery, CPC, CPMA, CRC…
Medicare payment for COVID-19 vaccines is underway and CMS is currently working to make sure the vaccine is available to all Medicare beneficiaries. Continue reading below to learn more. Q: How much will Medicare pay for FDA-approved or emergency use authorized COVID-19 vaccines? A: CMS will pay $28.39 to administer a single dose vaccine. For…
As we get closer to Thanksgiving, all of us at RT Welter are reminded of what we are thankful for. We would like to wish all of our clients, business partners, families, and friends a happy, healthy, and safe Thanksgiving! We are grateful for each of you and appreciate your support immensely. In observance of…
You may have questions about billing procedures after administering care via telehealth. It is important to review all information specific to your own situation before deciding on a code assignment. Continue reading below to learn more about code assignments when using telehealth. Q: What place of service (POS) codes and modifiers should be reported on…
The AMA released six new CPT codes for COVID-19 vaccines. The new CPT codes were created to support data-driven planning and allocation in regard to coronavirus. Continue reading below for more information. In the last hours, the CPT Editorial Panel has just released six new CPT codes to capture COVID-19 vaccines and their correlating administration…
The VA and its third-party administrators are now able to consider some denied claims for payment. Continue reading below for more information about reconsideration eligibility. VA and its third-party administrators (TPA), Optum and TriWest, will reconsider payment to providers who had a claim denied for simple routing errors. Providers whose claims were denied because they…
Aside from the highly discussed 2021 Evaluation and Management changes that are set to take effect on January 1, 2021, we find the CPT® code set continues to see growth in new and novel areas of medicine. Read below to find out more about these changes. CPT® has recently updated their data file to contain…
RT Welter is offering a webinar training for the 2021 E/M guideline changes. Join us as Ginger Avery, CPC, CPMA, CRC covers various topics to prepare you for the changes coming in 2021. Your entire practice can join for one set price and employees will learn the new documentation requirements, how to appropriately document and…
There has been a new category of codes that can report both COVID-19 and the seasonal flu at the same time. Continue reading below for more information. As of October 7th, in preparation for the upcoming flu season, the American Medical Association (AMA) released new codes to address the multi-virus testing that clinicians and the…
CMS announced new recoupment terms that allow providers and suppliers one additional year to start loan payments. For more information on the extended repayment schedule and the new terms continue reading below for more information. The Centers for Medicare & Medicaid Services (CMS) announced amended terms for payments issued under the Accelerated and Advance Payment…