It’s been almost 30 years since the CPT codes that physicians and other practitioners are paid under the Medicare Physician Fee Schedule (MPFS) for common office or other outpatient visits for evaluation and management (E/M) services have been revised.
The Employee Retirement Income Security Act (ERISA) was passed in 1974 and protects retirement assets and other employee benefit plans for all Americans.
Telehealth, although more than 15 years old, has gained a tremendous level of support due to the Coronavirus pandemic.
As we reported several weeks ago, the US Department of Health and Human Services (“HHS”) made available an additional $20 billion in stimulus funds to healthcare providers on the frontlines of the coronavirus pandemic. While it is still not clear how these funds will...
As part of the ongoing efforts to assist healthcare providers, the Department of Health and Human Services (HHS) announced on October 1st, 2020 the “Phase 3” of the Provider Relief Fund. Phase 3 releases another $20 Billion of HHS Stimulus funding for providers to...
Pursuant to the CARES Act passed in March 2020 and augmented by the Health Care Enhancement Act, the department of Health and Human Services (HHS) made certain relief funding available to healthcare providers to assist in response to the COVID-19 Pandemic and the to...
There will never be a time where face-to-face visits will be obsolete, but COVID-19 has changed our world and brought a heightened awareness and acceptance of telemedicine. If your practice or organization has not mobilized virtual visits, I recommend you get on board quickly. Now is the time to evaluate and reset your practice or organization and find ways to expand your services via telemedicine.
As healthcare costs continue to rise, your company may be seeking alternatives to minimize the financial strain. One effective cost management strategy is to expand your company’s health insurance offerings to include a consumer-driven health plan (CDHP) and to promote education and awareness about the benefits of enrollment in CDHPs to its employees.
For many organizations, the budgeting process typically relies on a baseline assumption of a dollar amount, often based on the prior years operating results, a standard increase, and then finally increases based on current year growth expectations. This process very often can be very much on “autopilot” without much critical analysis from department heads, the finance team and executive oversight.
