This month we officially welcome autumn with pumpkin-spiced everything, orange décor, and fee schedule evaluations! The end of the year will be here before we know it so it’s time to prepare for success now.
For the next five months, we are going to drill into the key areas to tackle before the end of the year including: budgeting, review fee schedules, insurance reminders, compliance, risk assessments, and celebrating staff.
It’s that time of year again! A new proposed rule dropped this month from the Centers for Medicare & Medicaid Services (CMS) regarding physician fee schedules and Medicare shared savings for Calendar Year (CY) 2024. As always, the proposed rule is merely an indication of what may be finalized in November.
Having a basic fund of technology knowledge will allow physicians to make informed decisions and effectively communicate their needs with their staff and with Health IT representatives. Unfortunately, most medical schools don’t prepare physicians for technology conversations.
Men’s Health Week is June 12-18th. In today’s fast-paced world, access to affordable healthcare has become an increasingly pressing issue for many individuals, including men. With rising medical costs and limited insurance coverage, men often find themselves facing financial barriers when it comes to seeking essential healthcare services.
As many of us come upon the end of our fiscal year it’s a great time to refresh the resource library that our staff has access to. Updating these documents doesn’t have to be painful. Delegate to trusted team members and then meet as a team disseminate the updated information.
National Women’s Health Week, established in 1991, is an annual observance that aims to encourage women to prioritize their health and well-being. This also sheds light on how access to affordable healthcare is a fundamental aspect of ensuring the well-being and empowerment of women.
Accounts receivable is often one of the most important areas of revenue cycle management as it represents potential money. In fact, A/R is considered an asset for that reason. The challenging part is that if A/R is not followed-up with quickly enough it can become a liability for the organization instead. Non-federal payers typically have timely filing/appeal limits between 120 – 180 days on average. When A/R ages beyond that it largely becomes uncollectable.
Discarded drugs have had a tumultuous history in healthcare. Though there are ways to bill for discarded drugs it can be challenging to receive adequate compensation for the amount wasted and the time taken to bill for them.
This month we are featuring Megan McKiver, owner of Restoration Room, who opened her practice in January with the drive to provide a more holistic approach to skincare and wellness. Restoration room focuses on lifestyle, nutrition, mental wellness, cellular health, and minimally invasive aesthetic skin treatments to help clients reach their skin goals.
We’d love to see your smiling face in person, but we know that your banking needs happen 24 | 7 | 365. Feel free to bank from your couch, your office or a beach somewhere warm.