US health insurance coverage
August 31, 2015

Disparity in US Health Insurance Coverage is a Cause for Concern

Posted by MedbillingExperts / 0 Comment

Which country leads the way when it comes to healthcare spending? The answer is anybody’s guess - the United States. By reserving nearly 13% of its national income for health, the country spends more than twice as much the OECD average. Staggering isn’t it? The baffling fact, however, is that in spite of such huge investment, countries with meager healthcare spending have substantially healthier populations than the US. What is even more disturbing is the fact that many Americans, especially

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Transition from ICD-9 to ICD-10
August 24, 2015

Transition from ICD-9 to ICD-10: CMS Will Reimburse Wrongly Coded Claims for One Year

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ICD-10 is one of the biggest and the most exciting change in standard healthcare coding systems in decades. By adding over 65,000 new codes that describes medical conditions and treatments, the 10th revision of the International Statistical Classification of Diseases and Related Health Problems (ICD) has completely revamped the healthcare landscape and in the process has transformed every system, process, and operation that uses a diagnosis code as we know it. The most striking difference bet

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HCPCS code modification
August 20, 2015

How New Coding Requirement to HCPCS has Affected Reimbursement

Posted by MedbillingExperts / 0 Comment

HCPCS codes are maintained by the Centers for Medicare and Medicaid Services (CMS) and are revised by the federal agency every year. Though these changes are intended to streamline the reimbursement process and maximize hospitals’ incentive to provide care in the most efficient manner, they generally tend to add to the complication and create a degree of confusion among the healthcare providers. Let’s take a look at the complications that the latest HCPCS code modification has brought about-

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