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Part B Insider (Multispecialty) Coding Alert

Part B Revenue Booster:

Avoid These Common Errors to Increase Pay in 2013's Hardest-Hit Specialties

Prepare now to avoid losing money on your oncology, ophthalmology, cardiology services. If the 2013 Medicare Physician Fee Schedule is finalized, cardiology, ophthalmology, and radiation oncology practices are targeted to take significant cuts to their Part B payments. But if your physician fits into one of these specialties, you can take action now to ensure that you aren't making any of the common mistakes that befall coders, and you can maximize your income to hopefully offset the upcoming cuts. Background: The full extent of the proposed changes to the 2013 Fee Schedule mean that radiation oncologists could see a startling 14 percent cut to their total Medicare reimbursement in 2013. In addition, cardiologists and ophthalmologists could face multiple procedure payment reductions for their imaging services, which could mean a 25 percent reduction off the technical components of these procedures. All of this adds up to massive potential losses for these [...]

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Part B Insider (Multispecialty) Coding Alert

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