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The Impact of MACRA on Cardiology Billing

Medisys Compliance

MACRA replaced the previously used Sustainable Growth Rate (SGR) formula for Medicare physician payments. Advanced Alternative Payment Models (APMs): These models encourage collaboration between providers and offer the potential for higher shared savings if specific quality and cost goals are met.

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What Are The Current Regulatory Changes And Compliance Requirements That ASCs Need To Be Aware Of In Their Billing Practices?

Healthcare IT Today

The following is a guest article by Isaac Smith, Billing, Coding, and Reimbursement Specialist at Medcare MSO ASCs are types of medical facilities that are subject to stringent regulations. However, ASC billing practices must be followed to ensure proper reimbursement and regulatory compliance.

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Brief about Wound Care Reimbursements in Various Healthcare Settings

Medisys Compliance

Wound Care Reimbursements in Various Healthcare Settings Inpatient Hospital Wound care in an inpatient hospital setting is reimbursed through the Diagnosis-Related Group (DRG) payment system. The MPFS is a payment system that reimburses healthcare providers for services rendered to Medicare patients in an outpatient setting.

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Direct Billing by MFTs and MHCs: A Comprehensive Guide for Year 2024

Medisys Compliance

However, it’s important to note that MFT and MHC services furnished to residents of skilled nursing facilities (SNFs) remain subject to consolidated billing under the SNF prospective payment system (PPS). We also possess expertise in telehealth billing, a crucial aspect for MFTs and MHCs.

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Optimizing SNF Billing: A Comprehensive Guide with Essential Tips

Medisys Compliance

Accurate and timely billing is a fundamental aspect of financial success for Skilled Nursing Facilities (SNFs), particularly when it comes to optimizing SNF billing. In this guide, we will explore into essential SNF billing tips to help you optimize your billing processes and navigate the complexities of reimbursement.

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Understanding 3-Day Payment Window for Outpatient Billing

Medisys Compliance

In general, if a hospital has direct ownership or control over another entity’s operations, then services that other entity provides are subject to the payment window policy. If the admitting hospital is a Critical Access Hospitals (CAHs), the payment window policy doesn’t apply. Defining Wholly Owned or Wholly Operated.

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Enhancing Payment Integrity in Healthcare through Pre-Payment Reviews

Healthcare IT Today

This quote lies at the heart of integrity, a powerful concept that applies equally critically in the healthcare payments environment as it does in daily life. Benefits of Implementing a Pre-Payment Model Overreliance on a post-payment claims review process perpetuates systemic inaccuracy and waste.