ICD-10 claims denial rate at 1.6 percent, RelayHealth reports

Posted by & filed under ANSI 5010, ICD-10, Latest Healthcare News, Medicaid, Medicare, Press Releases.

Denial rates for ICD-10 claims are at about 1.6 percent, according to a report by RelayHealth Financial. Out of about 262 million claims processed between Oct. 1, 2015, and Feb. 15, 2016, which totaled $810 billion, 1.6 percent were denied, according to an announcement from the revenue cycle management solutions organization. The numbers show there has… Read more »

Medicare EHR Incentive Program Hardship Application Deadline Extended

Posted by & filed under Latest Healthcare News, Meaningful Use, Medicare, Software.

The Medicare EHR Incentive Program Hardship Application Deadline for All Providers is Now July 1, 2016 Today, CMS is extending the application deadline for the Medicare EHR Incentive Program hardship exception process that reduces burden on clinicians, hospitals, and critical access hospitals (CAHs). The new deadline for Eligible Professionals, Eligible Hospitals and Critical Access Hospitals… Read more »

Office-Based Docs’ Use of Certified EHRs Increasing, CDC Data Show

Posted by & filed under Articles, CureMD, Latest Healthcare News, Lytec MD, Meaningful Use, Medicaid, Medicare, Practice Choice, Software.

Nearly 75% of office-based providers in 2014 had a certified electronic health record system, up from 68% in 2013, according to new CDC data, STAT News‘ “Morning Rounds” reports (Thielking, “Morning Rounds,” STAT News, 1/27). Eligible professionals must use EHRs certified by the federal government under the meaningful use program. The program was created under… Read more »

Ringing in Zip, Zero, Zilch

Posted by & filed under Articles, CureMD, HIPAA, ICD-10, Latest Healthcare News, Meaningful Use, Medicaid, Medicare, PQRS, Services, Software, Why MediPro.

For those I haven’t had the pleasure of visiting with in the first 15 days of the month, Happy New Year!  I’m excited about what 2016 will bring to medical practices and billing services over the next 350 days. After peering inside the plethora of healthcare news, I found some recurring hot topics that we’ll… Read more »

Meaningful Use Hardship Exceptions Bill Signed into Law

Posted by & filed under Articles, Latest Healthcare News, Meaningful Use, Medicaid, Medicare.

Providers will have an easier time claiming a meaningful use hardship exception now that S.2425 has been signed into law. Earlier this week, President Barack Obama signed into law the Patient Access and Medicare Protection Act (S. 2425), according to a White House press release. 2425 covers legislation regarding Medicare payments for certain rehabilitation technologies,… Read more »

Providers Urged to Monitor ICD-10 Claims; Challenge Denials

Posted by & filed under Articles, ICD-10, Latest Healthcare News, Medicaid, Medicare.

Although it’s still early in the process, the transition to the ICD-10 coding system by all accounts is unfolding more smoothly than many observers expected. Reports nonetheless indicate that unexpected denials may be occurring. As a result, McKesson experts recommend that providers continually monitor their revenue cycle to determine if claims are being inadvertently rejected… Read more »

RelayHealth reports over $25 billion in claims processed since October 1

Posted by & filed under Articles, ICD-10, Latest Healthcare News, Lytec Practice Management, Medicaid, Medicare, Services.

Since October 1, RelayHealth Financial has successfully processed more than 13 million of your hospital and physician ICD-10 claims, totaling more than $25 billion. This is good news!  “RelayHealth Financial has led the industry with investments such as a comprehensive ICD-10 testing program and ICD-10 Central’s real-time analytics dashboard to help ensure a smooth transition… Read more »