Author Archives: Staff Writer

CMS Releases Step-by-Step Implementation Guides for ICD-10

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ICD-10

CMS (Centers for Medicare & Medicaid Services) has released step-by-step Implementation Guides for ICD-10. These resources are for providers and payers looking for help with their ICD-10 implementation and are available on the CMS website in PDF format, just follow the links at the bottom of this post. The ICD-10 Implementation Guides provide a complete overview of the importance of Continue reading CMS Releases Step-by-Step Implementation Guides for ICD-10→

The Sequestration’s Mandatory Medicare Payment Reduction is Here

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Cutting Money

Due to (insert your favorite villain here)’s failure to act, the sequester is now in effect. Medicare FFS payments for dates-of-service or dates-of-discharge on or after April 1st will now incur a 2 percent reduction in Medicare payments and reimbursements. Claims payment adjustments will be applied to all claims AFTER deducting amounts for coinsurance, deductibles, and any Medicare Secondary Payment Continue reading The Sequestration’s Mandatory Medicare Payment Reduction is Here→

Electronic Health Records Update – CMS announces HHS plans to accelerate health information exchange (HIE)

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Centers-for-Medicare-Medicaid-Services

Centers for Medicare & Medicaid Services (CMS) announces HHS plans to accelerate health information exchange (HIE) primarily through the use of electronic health records systems.   “Thanks to the Affordable Care Act, we are improving the way care is delivered while lowering costs,” said CMS Acting Administrator Marilyn Tavenner. “We are already seeing benefits, such as a reduction in hospital readmissions due Continue reading Electronic Health Records Update – CMS announces HHS plans to accelerate health information exchange (HIE)→

Physician Quality Reporting System or PQRS

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  Physician Quality Reporting System (PQRS) formerly known as the Physician Quality Reporting Initiative   The Physician Quality Reporting System or PQRS is a “voluntary” reporting program mandated by Federal legislation that uses a combination of incentive payments and payment adjustments to promote reporting of quality measures information by eligible professionals. The program provides an incentive payment to eligible professionals and Continue reading Physician Quality Reporting System or PQRS→