In Billing
Jan 13th, 2012
The Centers for Medicare & Medicaid Services (CMS) has published corrections to the 2012 Physician Fee Schedule final rule in the Jan. 4 Federal Register. Several typographical and technical errors needed correction in the preamble and addenda of the final rule that sets Medicare payments to physicians. These corrections are consistent with, and do not ...
Nov 1st, 2011
Understand how Medicare payments are made by learning how to calculate them. By G.J. Verhovshek, MA, CPC You probably already know that Medicare payments are based on relative value units (RVUs) assigned to each CPT®/HCPCS Level II code. But the 2011 National Physician Fee Schedule Relative Value File contains no fewer than 10 columns listing ...
In Billing
Jan 3rd, 2011
The Medicare Physician Fee Schedule Database (MPFSDB) has been revised to include MPFS policy and payment indicator revisions, as well as relevant statutory changes applicable Jan. 1, 2011. The Centers for Medicare & Medicaid Services (CMS) issued a 2011 MPFS Final Rule Correction Notice to revise some physician work, practice expense (PE) and malpractice (MP) ...
In Billing
Apr 16th, 2010
Physicians in 42 states and territories stand to benefit from revisions to the geographic adjustments made in calculating payments for their services over the next two years, according to the American Medical Association (AMA). The revisions are a provision in the Patient Protection and Affordable Care Act (health reform bill), enacted March 23. HCR: Physicians ...
In Billing
Dec 30th, 2009
By now, you’ve probably heard about the biggest change the 2010 Medicare Physician Fee Schedule (MPFS) final rule has brought about—the elimination of consultation codes. Because this news has received so much fanfare, you may have overlooked other important policy changes. The following is a summary of additional significant policy changes taking place in 2010 of ...