Health Care Reform Law Amends Timeframe for Filing Medicare Claims

On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act (PPACA) into law as part of ongoing health care reform.  This legislation provides amendments to the time period for filing Medicare Fee-For-Service (FFS) claims.  Pursuant to section 6404 of the Act, the maximum time period for submission of all Medicare FFS

Medicare Physician Payments To Be Cut 21.3 % Beginning April 1, 2010

Medicare physician payments to be cut 21.3 % Beginning April 1, 2010 A 21.3% cut in Medicare payments takes effect today.  The scheduled cuts were extended to March 31, 2010 and were expected to be extended again for another month until Congress took a two week recess on March 26, 2010. The Centers for Medicare

Real Time Claim Adjudication – The Next Generation of Claims Submission

As a result of the rising cost of healthcare, today’s patient pays more for their healthcare which puts an increased burden on physicians to seek collections from patients.  This component of a patient’s bill may be due to copayments, coinsurance, deductibles, or non-covered services which can be difficult to collect.  For example, with the onset

Real-Time Medicare Eligibility

It is very pleased to announce that MTBC now provides enhanced, real-time Medicare eligibility. This new functionality allows the providers to view detailed deductibles, procedure code and payment information on a real-time basis for the patient of your choice. The provider will continue to receive the color-coded eligibility information through the MTBC scheduler (green for

Obama’s Health Care Reforms Bill Enacted

After a long, hard-fought battle, the health care reforms initiated by President Obama are now slated for enactment. On Tuesday, March 23rd 2010, President Obama signed the $940 billion Healthcare Overhaul Bill, an event which will be considered one of the major events, if not the major event, in his presidency. The HealthCare Overhaul Bill

Free Billing Software is Launched by MTBC

Those that are responsible for billing medical claims understand the complexities of the business. Most medical billing online is submitted to insurance companies and the government via billing software; these medical billers may or may not be paid, based on a number of criteria. Medical billing online can be difficult to manage and even more

Finally the MTBC EMR 4.0 is Now Available

Another nice stuff, MTBC’s EMR 4.0 Helps Practices Get Stimulus Funds Ever since the introduction of the Stimulus Bill, EMR (Electronic Medical Records) adoption by clinicians is greatly increasing. EMRs are replacing paper recording methods used by physician practices, making a practice much more efficient. MTBC provides a free, CCHIT-certified EMR. Many clinicians have had

Presidential Press Conference on Healthcare

Tonight, President Obama spoke to the nation about his plans for healthcare reform. He outlined how he plans to reform the current system and how he plans to pay for it including cutting over $100 billion worth of subsidies to insurance companies as part of Medicare. Few key points: Wants to create an independent group

Republicans Create Nightmare Chart Depicting Democratic Healthcare Plans

Someone in the GOP needs to learn how to use Microsoft Visio, or the Democrats need to come up with a better plan for improving our healthcare system. If you believe this nightmare chart created by Congressman Kevin Brady’s office (R-Texas 8th District), then you’ll need a PHD in obfuscation to figure out what the

Meaningful Use — CCHIT Responds With a Vengeance

The Certification Commission for Healthcare Information Technology (CCHIT) has responded to the Office of the National Coordinator’s recently released Meaningful Use matrix [pdf]–and responded with a vengeance. The bottom line: “CCHIT recommends that meaningful use measures be either simplified for 2011, or postponed until 2013.” Its recommendation was formed by comparing the CCHIT 2008 criteria