A happy (and financially stable) practice is a practice that maximizes and maintains consistent cash flow. To do that, you must effectively manage your patient and insurance company receivables. A great way to evaluate your performance is through regular practice checkups – or medical practice assessments.
As the east coast braces for Hurricane Joaquin, the US healthcare system has just been hit by a tsunami of code changes. Today, doctors, hospitals and health insurers must start using a new diagnosis code set fondly known as – ICD-10. There is much trepidation surrounding the shift and many unknowns, but the change also brings with it many benefits.
The National Committee for Quality Assurance (NCQA) has released a system that compares health insurance plan ratings based on patient satisfaction, treatment and outcomes. The system allows users to search insurance plans by state, plan name or type, and order their rankings based on combined HCAHPS, Healthcare Effectiveness Data and Information Set measures and NCQA accreditation.
The following article was originally published on The CMS Blog.
By Dr. Bill Rogers, ICD-10 Ombudsman
In March 2015, MDeverywhere announced a merger with eMDs, a leading provider of electronic health records. The merger has allowed us to offer a fully integrated clinical, financial and administrative system designed to help physicians build a better practice.
Your EHR is the most important tool in the ICD-9 to ICD-10 conversion. Since mapping from ICD-9 to ICD-10 will in most cases not be one-to-one, EHRs help guide providers to the appropriate ICD-10 diagnosis.
With increasingly complex contract terms and the proliferation of plan products with the creation of the healthcare exchanges, it is more critical (and difficult!) than ever for physician groups to manage payer contracting through physician contract negotiation. Review Your Contracts The devil is in the details.