This week’s Medicare updates include an in-depth article on CAR T-Cell billing, a transmittal on changes to postpayment additional documentation request sample letters, a correction to the Inpatient Rehabilitation Facility Prospective Payment System proposed rule, and more!
Put CMS’ proposed changes in perspective to see the bigger picture. Comments are due June 24, so hospitals will need to conduct a careful analysis to determine the impact of the proposed changes and submit specific feedback.
If you only bill using the CMS-1500 claim form, then you’ve probably never seen a revenue code. But if you need to bill for facilities, you know revenue codes play an important communicative role between providers and insurers. UB-04 claim forms sent to an insurance company without a revenue code associated with each charge will be rejected.
Having taken on more diverse responsibilities, many providers regard medical coding as a necessary evil; their primary focus is caring for their patients. Although many physicians select codes for the work they perform, they rely on specialized coding and auditing professionals to review their documentation and reporting for accuracy.
Wide variation in the cost of common diagnostic tests significantly contributes to healthcare cost inflation and standardizing prices could save billions annually, according to a recent UnitedHealth report.
