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Well-prepared healthcare providers will be able to keep revenue cycles optimized. It’s not hard to understand why many physicians are asking for a two-year delay of ICD-10 implementation. We keep telling physicians that they may have to survive without reimbursementrevenue for six months after Oct. 1, 2015. Why would anyone want to go through that? […]
Read MoreVic Wadhwa, the former CFO of a group of pain management clinics located in central Maryland, has pleaded guilty to soliciting and receiving kickbacks in return for referrals, according to the Department of Justice. Mr. Wadhwa served as the financial leader at clinics that generated hundreds of urine samples each month and sent the samples […]
Read MoreA new ICD-10 end-to-end testing period for providers, as well as associated guidance for testing, was revealed this week by the Centers for Medicare & Medicaid Services. The new testing period, which will involve a second sample group of providers, according to CMS, will run from April 26, 2015, through May 1, 2015; other testing […]
Read MoreThe median total cash compensation for physicians has risen across almost every specialty, with urology experiencing the largest pay increase since 2013, according to the 2014 Physician Compensation and Productivity Survey from Sullivan, Cotter and Associates. On average, specialty physicians saw a compensation increase of 1.9 percent in 2014, down from a 3.2 percent increase […]
Read MoreNational health spending is growing at the slowest rate since 1960, a welcome change to policymakers after decades of inflation. National health spending is growing at the slowest rate since the federal government began tracking the trend in 1960, a welcome change to policymakers after decades of inflation. But experts aren’t sure if the slowdown […]
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