An 11th-hour COVID-19 relief package was approved by both houses of Congress a few days before Christmas and signed into law by President Trump a few days after. The legislation, second in size only to the CARES Act passed last spring in the early days of the pandemic, provides wide-ranging relief to multiple sectors throughout the country, including physicians. READ MORE
As we begin 2021, the Indiana Health Coverage Programs has released a variety of information Indiana healthcare providers need to know about billing Medicaid in the new year. We’ve created a short list of the top four things you should know. READ MORE
Earlier this fall, the American Medical Association released the 2021 Current Procedural Terminology code set. In this post, we highlight several noteworthy ones.
Earlier this week, CMS published the final rule of the 2021 Medicare Physician Fee Schedule. After legislatively mandated adjustments, the 2021 conversion factor will be $32.41, a 10 percent decrease from the 2020 PFS conversion factor. We’ve highlighted a few of the biggest changes that will impact emergency physicians. READ MORE
Healthcare providers and facilities that received more than $10,000 in COVID-19 Provider Relief Funds will need to report how they used the money through a new reporting system that will open on January 15, 2021. NOTE: On October 22, 2020, CMS issued an update regarding their reporting instructions released in September. READ MORE
Healthcare providers who took advantage of Medicare’s COVID Accelerated & Advance Payment loans received a significant repayment extension from the recently enacted Continuing Appropriations Act, 2021 and Other Extensions Act. READ MORE
Healthcare providers affected by the COVID-19 public health emergency (PHE) can now apply for additional funds through the third General Distribution allocation of the Provider Relief Fund, established and funded through two emergency spending bills, namely the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Paycheck Protection Program (PPP) and Health Care Enhancement Act.
The AMA recently released a new CPT code intended to be billed for additional expenses incurred because of the COVID-19 public health emergency. Starting September 8, 2020, 99072 can account for both additional clinical staff time as well as additional supplies required specifically because of the PHE during office-based visits. READ MORE
IHCP has changed the telemedicine billing guidelines for Indiana Medicaid fee-for-service and managed care benefit plans through the end of the COVID-19 public health emergency. READ MORE
The rising complexity and cost of emergency care has been a frequent target of policy makers and clinical leaders over the past decade, with some experts worried about the cascading effect of subsequent healthcare spending once the patient leaves the emergency department. However, new research suggests that high quality emergency care not only saves lives but also saves money, especially for Medicare beneficiaries. READ MORE