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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…
DetailsWritten 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…
DetailsAll 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…
DetailsAs 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…
DetailsThere 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…
DetailsOn 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…
DetailsAll 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…
DetailsDecision-making in its most basic form is the act of choosing between two or more courses of action. Each and every person in the world is faced with the decision-making process on a daily basis – whether it’s trivial things like deciding what is for dinner or which route to take to work or more…
DetailsOn November 2, CMS issued a final rule that includes updates to payment policies, payment rates, and quality provisions for services furnished under the Medicare Physician Fee Schedule (PFS) on or after January 1, 2018. The overall update to payments under the PFS based on the finalized CY 2018 rates will be +0.41 percent. This…
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