Your journey to becoming a successful consultant has already begun. Often, while working with providers, coders, and billers throughout the United States, I am asked, “How can I do what you do?” Although there’s no simple answer, the journey to consultant begins at the start of your career. The Journey to Consultant Begins with Preparation ...
Dec 1st, 2008
Plans Meant to Change Consumer Behavior Will Affect Your Practice By Linda Farrington, CPC, CPC-I Our industry is flooded with acronyms, as is the relatively new world of consumer-directed health care or consumer-driven health care (CDHC). CDHC refers to a concept in health insurance raising the awareness among patients regarding their care costs and allowing ...
Jun 1st, 2008
By Linda Farrington, CPC The first thing that comes to mind when I think about the 2008 Medicare Physician Fee Schedule (MPFS) is the conversion factor or, rather, the potential decline of the conversion factor. The conversion factor for 2007 was 37.8975 and the proposed conversion factor for 2008 was 34.0682, roughly a 10 percent ...
Jan 1st, 2008
By Linda Farrington, CPC Unless Congress takes action to stop it, physicians face a reduction in Medicare payments of about 10 percent in 2008. Total payment cuts of about 40 percent are predicted by 2016 — in just eight years. Sobering, indeed. We all know about the trickle-down effect — that when Medicare cuts its ...