Practice Money Matters News & Updates

Are you wondering what the CO-223 is on your recent NHIC Remits?

Well, providers, you can thank our President, this new law is now in effect.  This Contractural Obligation Code is for the 2% sequestration reduction you have heard so much talk about.   Any claims for payments with a from date of service on or after April 1, 2013 … [Read More...]

2% Medicare Cuts Now a Reality

Unable to take advantage of a one-month delay to stave off Medicare sequestration cuts, providers will see an automatic 2 percent reduction in Medicare reimbursement which began on April 1st. The White House estimates the cuts could cost providers $11 billion in Medicare … [Read More...]

Do you know about the 2013 Transitional Care Management Codes?

Physicians now have available to them transitional care management codes which are intended to report follow-up care given to patients upon discharge from a facility setting to their community setting. Oftentimes transitional care is much more involved than an ordinary … [Read More...]

Billing for Services in the Post Operative Period..Yes, you can!!

We always find our clients assuming they can’t bill for anything in the post operative global period.   They automatically book the appointment as a follow-up, and then state "post op, no charge."             Many procedures have a Zero or Ten day global … [Read More...]