A practice may either purchase or lease new equipment. Both options provide benefits, and decisions usually are made on a case-by-case basis. Advantages for Leasing Equipment Leasing equipment allows a clinic to acquire equipment with little up-front expenditure, which is helpful if cash flow or credit is weak. Generally, you can deduct lease payments as ...
Jun 1st, 2012
Before you code, know its basics. By Brenda Edwards, CPC, CPMA, CPC-I, CEMC When it comes to procedure coding, radiology is a world of its own, unlike either evaluation and management (E/M) encounters or surgery. If you are unfamiliar with radiology, here are some basic things to know before you code. Learn the Language It ...
Apr 1st, 2012
To keep designated health services in the clear, know Stark regulations and their exceptions. By Julie E. Chicoine, Esq., RN, CPC Physicians and their practices are undergoing increased government scrutiny with regard to their referrals and financial relationships for health care services. At the heart of this scrutiny lies the physician self-referral law, known as ...
Apr 1st, 2012
The benefits of taking on a new specialty are worth the initial extra legwork. By Pam Brooks, CPC The trend toward comprehensive patient care will create a demand for many new multi-specialty practices. As practices expand, the need for specialty coders will, too. But these jobs won’t come without challenges. Even experienced coders can become ...
In CMS
Jul 16th, 2010
The Centers for Medicare & Medicaid Services (CMS) has begun mailing contract offers to winning bidders of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program. The first round of the program is scheduled to begin Jan. 1, 2011 for contract suppliers and beneficiaries in nine areas of the country. CMS says ...