Time-based medical service
September 2, 2015

How to Bill a Time-Based Medical Service

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Most healthcare practitioners rely on the ‘key components,’ namely history, exam, and medical decision-making, for all their billing purposes. But what about medical counseling or face-to-face interactions where these three key components do not come into picture? In such cases, the only viable option available to measure the level of service offered for billing is time. Yes, time! Doesn’t a lawyer charge by the hour and why not the same apply to doctors? However, using time as a key de

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US health insurance coverage
August 31, 2015

Disparity in US Health Insurance Coverage is a Cause for Concern

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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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