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December 13, 2011 Refer a Colleague
In This Issue:

Latest from Kareo

CPT Changes for 2012: An Overview

By Betsy Nicoletti, M.S., CPC

Gift iStock

Isn’t getting a new CPT book a little like a birthday present?  The excitement of unwrapping it, the suspense about what’s inside.  A new CPT book may not be as much fun as a new video game or as intriguing as a jewelry box, but coders eagerly anticipate it. A listing of code changes for the year can be found... Read More

Complimentary Webinar - Getting Paid in 2012: What You Need to Know Now to Make it Happen

Thursday, December 15, 2011
10:00 AM – 11:00 AM PST
Speaker: Elizabeth Woodcock, MBA, FACMPE, CPC

Woodcock Getting Paid Webinar--small

The 2012 reimbursement environment isn’t just about fee schedules. New incentives, new coding rules and more are headed your way – and fast. National speaker, trainer and author Elizabeth Woodcock, MBA, FACMPE, CPC, will give you the practical tips and realistic strategies you can put into play now.

After attending this session, you will be able to:
• Identify the major changes in CPT codes in 2012 and how they will affect your practice
• List the critical points in Medicare physician reimbursement for 2012
• Describe the government’s incentive plans – and penalties - for 2012
• Summarize the trends in private insurance most likely to impact physician reimbursement in 2012

Register Now!

 

ICD-10 Training Camp: ICD-10-CM Changes You Can't Afford To Miss!

By Nancy Maguire, ACS, PCS, FCS, HCS-D, CRT

The purpose of this article is to highlight several changes in the ICD-10 code structure and the rules that could be missed when learning this new system. Be aware of the following changes (Part 1)… Read More

Best Practices: Strategic Planning for Medical Practices – A Means to an End

By Judy Capko

It is easy to understand why many physicians aren’t particularly interested in strategic planning. It seems they have enough on their minds just trying to keep the practice on firm ground today. In my opinion, they are missing out on a powerful opportunity to protect and guide their future... Read More

4 Steps to Get the Most from Your EHR Effort

By Ron Sterling

Many EHR implementations have failed to meet practice expectations and, in the worst cases, have damaged the practice. EHR implementations by necessity will impact every process and activity in the practice. In order to set the stage for EHR success, practices need to... Read More

Kareo Medical Billing Software Demo: How to Streamline Your Medical Billing

Tuesday, December 20, 2011

Learn how Kareo medical billing software will make medical billing easy for you as you improve your profitability. You'll hear how you can reduce your cost of ownership by eliminating costly software and upgrades, keep things from falling through the cracks with an easy-to-use "To Do List," and more...

Register Now!

Case Study

“I wish I’d had Kareo when I started my practice. It was definitely the right decision.”

Chester Minarcik, MD, Child Neurology Services of South New Jersey

“Our office had not changed its accounting and medical billing procedures since it opened in 1992,” recounts Chester Minarcik, MD. “While we did have computerized billing, we didn’t have electronic claims submission... Read More


Case Study

“I have been a satisfied Kareo client for five years. Selecting Kareo was one of our best business decisions.”

Dan Milosevic, Medical Billing and Consulting Services

After starting Medical Billing and Consulting Services in Houston, TX,  Dan Milosevic was so effective—he doubled his client’s monthly revenue—that his client began talking about him to other practitioners. That was when Dan decided… Read More


Billing Tip of the Month

Using Kareo to Prepare Accounts for Collections

Tammy Chidester, CPC, CPMA, CEMC, PCS, Mera Consulting

Kareo helps me manage my accounts that I am preparing for collections. These are the steps I use: Under Settings > Other Lists > New/Find Collection Category, add the verbiage that you want to print on the statement... Read More

Top News and Ideas from Industry

Super Committee Gone, 27% Medicare Pay Cut Threat Remains

Charles Fiegl, Amednews, Dec. 5, 2011

The failure of the congressional debt panel leaves the 2012 SGR cut unresolved and threatens physicians with additional pay reductions starting in 2013. Lawmakers again find themselves with less than a month to pass legislation to stop a steep decrease in Medicare payments… Read More

New CMS Demonstration Projects Crack Down on Improper Payments, Conduct Prepayment Reviews

AAPC News, Dec. 2, 2011

Beginning Jan. 1, 2012, the Centers for Medicare & Medicaid Services (CMS) will begin three demonstration projects aimed at eliminating Medicare fraud, waste, and abuse. The first of these, the Recovery Audit Prepayment Review, will allow Medicare recovery audit contractors (RACs) to review claims that historically result in high rates of improper payments before they are paid… Read More

Practices Get More Time to Switch to HIPAA 5010

Emily Berry, Amednews, Dec. 12, 2011

Physicians and health plans have a kind of grace period for the first three months of 2012 before they must comply with new HIPAA Version 5010 claims transaction standards. The deadline for the electronic claims format remains unchanged, but the threat of losing Medicare payments for noncompliance is delayed… Read More

New CMS Program to Assist Physician ID Theft Victims

Charles Fiegl, Amednews, Dec. 5, 2011

The remediation initiative will offer a doctor relief if personal and professional information are used to defraud Medicare or Medicaid. The Centers for Medicare & Medicaid Services has created the provider victim validation/remediation… Read More

3% Tax Withholding on Medicare Pay Repealed

David Glendinning, Amednews, Nov. 28, 2011

The IRS regulation was designed to target delinquent government contractors but would have affected some Medicare physician payments… Read More

Dec. 21 Nat’l Provider Call to Discuss Payment, Risk

AAPC News, Dec. 6, 2011

The Centers for Medicare & Medicaid Services (CMS) will hold a National Provider Call to discuss changes to the Medicare Physician Fee Schedule’s (MPFS) Physician Feedback Program and the value-based payment modifier (Value Modifier) for calendar year 2012… Read More

Make Sure the Way You Use an EMR Doesn't Unwittingly Look Like Fraud

Pamela Lewis Dolan, Amednews, Nov. 21, 2011

Physicians might not realize it, but how they and their staffs use an electronic medical record system could open themselves up to accusations of fraud or misrepresentation… Read More

Anticipated CMS/ONC Regulations for 2012

HIMSS News, Dec. 9, 2011

Several Notices of Proposed Rulemaking (NPRMs) are anticipated to come from CMS and ONC this winter. This chart outlines the regulations that are currently anticipated, the agency from which they will be administered, and the date for which public comments are due to the government. Also included is the anticipated timeframe for release of final rules… Read More

Medicare Now Covers Heart Disease, Obesity Screening, Expands Telehealth Services

Charles Fiegl, Amednews, Nov. 23, 2011

The Medicare program has expanded its coverage policy manual to include annual visits that screen for hypertension and prevent cardiovascular disease, covering office visits with primary care physicians to discuss how to prevent heart disease… Read More

AAPC News, Dec. 2, 2011

Medicare is adding coverage for preventive services to reduce obesity. Screening for obesity and counseling for eligible patients by primary care providers in settings such as physicians’ offices are covered under this new benefit… Read More

AAPC News, Dec. 2, 2011

Physicians and their patients are embracing web-based health solutions at a rapid rate, according to CNBC.com. In keeping with the times, Medicare will cover smoking cessation services in 2012, including those furnished remotely… Read More

CMS Issues Final Rule on Use of Medicare Claims to Assess Providers' Performance

Jaimie Oh, Becker’s ASC Review, Dec. 6, 2011

The Centers for Medicare and Medicaid Services has issued a final rule that allows for the release and use of standardized extracts of Medicare claims data for qualified entities to measure the performance of providers of services and suppliers. .. Read More

Efficient Claims Handling: A Gift That Keeps On Giving

Amednews Editorial, Nov. 14, 2011

The American Medical Association wants more physicians to give themselves the gift of an improved, streamlined insurance claims process. Physician practices can take advantage of electronic claims processing to lower costs, save time and minimize headaches… Read More

Revenues Down? Examine Your Contract Prices

Rob Saunders, ScrubsandSuits.com, Dec. 8, 2011

Over the years, I mostly dismissed the claims of falling reimbursement because they did not accurately depict market conditions. Instead, we have seen minor fluctuations in reimbursement rates, which often averaged out to equal reimbursement stagnation. Now, however, things have changed. And it’s time for everyone to pay attention. Here’s a list of 12 points to pay attention to… Read More

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