Latest Healthcare News

MIPS Participation Status Letter

Posted 12:05 pm by & filed under Latest Healthcare News, Medicare, Software

  The Centers for Medicare & Medicaid Services is reviewing claims and letting practices know which clinicians need to take part in MIPS, the Merit-based Incentive Payment System. MIPS is an important part of the new Quality Payment Program. In late April through May, practices will get a letter from the Medicare Administrative Contractor that… Read more »

CMS News Update: Attest to 2016 Program Requirements by February 28

Posted 03:35 pm by & filed under CureMD, Latest Healthcare News, Lytec MD, Meaningful Use, Medicaid, Medicare, Practice Choice, Software

As circulated by CMS on 1/17/17 The Centers for Medicare & Medicaid Services Registration and Attestation System is now open. Providers participating in the Medicare EHR Incentive Program must attest to the 2016 program requirements by February 28, 2017 at 11:59 p.m. ET in order to avoid a 2018 payment adjustment. The EHR reporting period… Read more »

ICD-10 glitch leads CMS to relax physician quality penalties

Posted 05:38 pm by & filed under Articles, ICD-10, Latest Healthcare News, Medicare

The CMS issued something of a get-out-of-Medicare-penalties-free-card for two years to physicians and group practices due to a glitch with quality reporting measures based on a recent update to the ICD-10 diagnosis and procedure codes. The CMS pointed its finger at updates that went into use Oct. 1, 2016, to the ICD-CM (Clinical Modification) and… Read more »

Meaningful Use Penalty to Hit 171,000 Clinicians Next Year

Posted 03:08 pm by & filed under Articles, Latest Healthcare News, Meaningful Use, Medicare

Next year 171,000 physicians, nurse practitioners, and other clinicians will take a 3% pay cut from Medicare for failing to demonstrate that they met the government’s requirements for meaningful use of an electronic health record (EHR) system in 2015, the Centers for Medicare & Medicaid Services (CMS) has announced. A government liaison for a major… Read more »

Yes, medical software qualifies for possible write-off up to $500,000!

Posted 08:19 pm by & filed under CureMD, Latest Healthcare News, Lytec MD, Lytec Practice Management, Practice Choice, Software

It’s that time of year to consult with your tax preparer or accountant to see what office deductions may be possible for the 2016 calendar year.  If you haven’t purchased your Lytec upgrade or transitioned over to the CureMD PM/EHR software yet, you better get moving! What is the Section 179 Deduction? Most people think… Read more »