During the past two years there has been a lot of conversation about remote patient monitoring. Implementing remote patient monitoring (RPM) in a medical practice can bring many benefits, such as improved patient outcomes and cost savings. However, it’s important to approach the implementation process thoughtfully and with a plan in place. Here are some
We’ve heard a lot about RPM and the ability to gain significant revenue just by implementing the program in your healthcare organization. In this two-part series we’ll talk about the financial benefits, as well as things to keep in mind in order to effectively implement an RPM program. The financial benefits of implementing remote
We get this question many times. What is HCC coding and why is it important? I wanted to take some time to give some background to this question. Hierarchical Condition Categories (HCC) coding is a system used by Medicare Advantage plans to classify and reimburse healthcare providers for the care of patients with chronic
Biden administration announces end to Covid-19 Public Health Emergency (PHE) The emergency declarations related to the Covid -19 pandemic will expire on May 11th, according to the Biden administration. “The COVID-19 national emergency and public health emergency (PHE) were declared by the Trump Administration in 2020,” the Office of Management and Budget said in a statement.
As a reminder, Covid-19 Accelerated and Advanced Payments repayment will begin this year. The Continuing Appropriations Act established that repayment will begin “one year from the issuance date of each provider or supplier’s accelerated or advanced payment” Medicare will automatically recoup 25 percent of the Medicare payments owed for eleven months, If full recoupment is
Everything you need to know about billing Medicare for COVID-19 Vaccines, and certain Monoclonal Antibodies can be found from the link below: https://www.cms.gov/medicare/medicare-part-b-drug-average-sales-price/covid-19-vaccines-and-monoclonal-antibodies CMS has created a provider toolkit to provide further guidance and can be found from the link below: https://www.cms.gov/covidvax-provider
The Senate passed legislation last week to extend the pause on the 2% sequestration reduction through December 31, 2021. The house is expected to take up the bill the week of April 13, 2021, when it returns for a session after the holidays. It is fully expected that the bill will be passed through the
As we learned earlier this week, there has been a push for approval from the FDA for emergency use of a COVID vaccine. On the heels of the news, the AMA announced new CPT codes for each of the two COVID vaccines as well as administration codes for each vaccine. Releasing the CPT codes ahead
There is some good news for providers who requested and received Medicare advance payments. H.R. 8337 Continuing Appropriates Act, 2021, and other Extensions Act states made some changes for repayment for of the Accelerated/Advance Payment that was offered to providers. The changes are: 1. The automatic payments will be extended to now begin one year
This information is current as of 03/27/2020 Our first thoughts: Here at AIEMM, during this time of crisis, above all we hope you and your families are safe. All clinicians, Nurses, Firefighters, police officers, EMT’s, truck drivers, public transportation, garbage people, grocery stores clerk, stockers etc., gas stations and the restaurants who are still trying