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Why Transparency Is No Longer Optional In Medical Billing

Electronic Health Reporter

By Terry Rowinski, president & CEO, Health Payment Systems, Inc. The article Why Transparency Is No Longer Optional In Medical Billing appeared first on electronichealthreporter.com. Nearly half a […].

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The Problem With Surprise Medical Billing

Electronic Health Reporter

By Terry Rowinski, president & CEO, Health Payment Systems, Inc. We’ve seen it time and time again—a patient receives services from an out-of-network provider at an in-network facility and is surprised with a huge medical […]. Illegal copying is prohibited.

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How Reducing Confusion Can Ease Medical Billing Stress for Employees

Healthcare IT Today

Employees on employer-sponsored plans also now have to deal with multiple invoices from different providers for deductibles and other payments. In fact, according to data from Health Payment Systems (HPS), the average U.S. family can expect to receive approximately 125 pieces of mail each year related to health care billing.

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What Is the Merit-Based Incentive Payment System (MIPS)?

NCG Medical Blog

If you’re a Medicare provider , then you might want to know about MIPS—a healthcare incentive program that helps gather data of quality and performance outcomes over time while rewarding medical practices that demonstrate improvements. This program utilizes a “score” system comprised of four categories.

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Brief about Wound Care Reimbursements in Various Healthcare Settings

Medisys Compliance

Wound Care Reimbursements in Various Healthcare Settings Inpatient Hospital Wound care in an inpatient hospital setting is reimbursed through the Diagnosis-Related Group (DRG) payment system. The MPFS is a payment system that reimburses healthcare providers for services rendered to Medicare patients in an outpatient setting.

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The Impact of MACRA on Cardiology Billing

Medisys Compliance

MACRA replaced the previously used Sustainable Growth Rate (SGR) formula for Medicare physician payments. Advanced Alternative Payment Models (APMs): These models encourage collaboration between providers and offer the potential for higher shared savings if specific quality and cost goals are met.

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Revised Updates for Renal Dialysis Billing

Medisys Compliance

Proposed ESRD Payment System. This rule also proposes an update to the Acute Kidney Injury (AKI) dialysis payment rate for renal dialysis services furnished by ESRD facilities for calendar year (CY) 2023. To know more about our Medicare billing services, contact us at info@medisysdata.com / 302-261-9187.