Increasing Your Practice Revenue in 2013

It goes without saying that practices, in the very least, should review their finances at the conclusion of the year.  In addition to simply reviewing the final financial numbers, practices should really take the time to go deeper and analyze the results.  Did you receive an increase or decrease in payments?  Was it because you

A Look Back and a Step Forward

As the year comes to a close, many providers look back and measure their strengths, weaknesses and plan for a successful New Year. MTBC offers its providers unique tools to measure critical markers for a practice with our web-based practice management service, PracticePro™. Below are a just a few of the reporting tools available through

Medicare Continues Focus on Technology and Increased Patient Care

While the US healthcare industry awaits action from Congress, a look at the 2013 Medicare Fee Schedule reinforces Medicare’s movement towards more efficient patient care.  Review our recent blog posts; the vast majority of them are about Electronic Medical Records, Meaningful Use, and ACOs.  The same policy resonates throughout: efficient and increased patient care.  EMRs

New 2013 Coordination of Care Benefits to Increase Payments to Family Physicians

The 2013 Medicare Physician Fee Schedule adds new payments for care coordination services when transferring patients to skilled nursing facilities.  The new Current Procedural Terminology (CPT) codes (99495 and 99496) are the result of efforts by the AMA to get CMS to adopt new coverage for transitional care management services, such as discussing a care

Obtaining PCP Reimbursement for Post-Discharge Transitional Care Management

If you are a primary care provider, you may be pleased to learn that Medicare will begin providing reimbursement for post-discharge transitional care management (TCM).  In particular, Medicare will pay providers between $163.91 and $230.90 for care provided in a non-facility setting (assuming that Congress acts to prevent the 26.5% cut). Other authors in this

CMS giveth and Congress (potentially) taketh away

The commotion over the 2013 Medicare Fee schedule belies the fact that some providers seek to gain an increase in the amount of their Medicare payments in 2013. Family practice physicians can potentially gain a 7% increase in their Medicare payments in 2013 taking into account new care coordination changes. This could potentially be a

2013 Medicare Physician Fee Schedule: TOP FIVE

I had the opportunity to host MTBC’s first webinar on the final 2013 Medicare Physician Fee Schedule this past Wednesday, December 5. Although we had an excellent turn out, many interested parties were unable to attend. Shortly after the webinar ended, I received a phone call from a client requesting that I share a “Top

CMS Fee Schedule Changes for Cardiology Procedure

As we approach 2013 CMS has announced major changes to many highly used CPT codes relating to cardiology procedure.  These code changes cover coronary interventions and electrophysiology.  Physicians and coders need to be aware of these changes prior to the new year. In the past when performing a coronary intervention a physician could only bill

Will Medicare reimburse you for Skyping during 2013?

In 2001, Medicare began providing reimbursement for certain procedures performed via telehealth, but the scope of those services was so limited that a small percentage of providers benefited from the new policy.  Changes in the 2013 fee schedule are poised to somewhat alter this dynamic and make it possible for  a growing percentage of providers

The New Healthcare Requires Collaboration

Highly specialized medicine and increasing patient mobility have brought about an unprecedented interdependence in healthcare. Today’s patients are cared for by multiple specialists and any one doctor’s treatment will most certainly affect another’s domain.  For the very sake of patient safety, doctors across specialties are now expected, if not required, to share information about their