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GroupOne Health Source Blog

GroupOne Revenue Cycle Blog 

Insights to guide your practice.

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4 Major Risks with ICD-10

by Kaitlyn Houseman on November 13, 2013

According to CMS, 1 in 5 physician practices will see their Medicare denials double for up to 6 months after October 1, 2014, the deadline for ICD-10. Your practice does not have to be one of them. Get started early with planning for ICD-10.

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Topics: ICD-10, Medical Business, Coding, Practice Management, Revenue Cycle Management, CMS

The 5 Common Mistakes Made When Starting a Medical Practice

by Kaitlyn Houseman on November 8, 2013

1. Assuming it will be easy

You are excellent with medicine, and maybe a few other things. But no one can be good at everything.  Starting a medical practice entails much more than just seeing patients. Yes, there is a business side to starting a practice which is ultimately your business. There thousands of variables you haven’t even considered yet so do not be afraid to ask for help. 

Bringing in a practice start-up expert can save you time, money, and a few headaches.  Having the correct staff on board for your start-up can help you avoid some commin pitfalls that new practices can encounter so you have the best chance of building your new practice into a profitable, and long term solution for your specific situation.

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Topics: Revenue Cycle Management, Medical Business, Practice Management, Coding

Anderson Reveals “Scary” Truth About ICD-10 Test Results

by Kaitlyn Houseman on October 16, 2013

The North Carolina Healthcare Information and Communications Alliance executive director Holt Anderson revealed a ‘scary’ finding after some end-to-end ICD-10 testing.  Anderson made the announcement of their findings during the MGMA 2013 annual conference last week.

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Topics: ICD-10, Medical Business, Revenue Cycle Management, Coding, Practice Management

3 Months of Meaningful Use in 2014 For Medicare Providers

by Kaitlyn Houseman on October 10, 2013

CMS Permitting a One-Time 3-Month Reporting Period in 2014 

In order to allow for adequate time for providers to upgrade to 2014 Certified EHR technology, CMS is permitting this one-time three-month reporting period in 2014 for eligible hospitals and eligible providers.  Eligible Hopsitals have until July 1, 2014 and Eligible Providers have until October 1, 2014 to begin their three month reporting period with 2014 Edition software. Therefore, some providers will be able to achieve Meaningful Use in the first quarter, rather than the last, and receive incentives earlier.

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Topics: Medical Business, EHR, Practice Management, CMS, Affordable Care Act, PQRS, Incentive Programs

Effect of Government Shutdown on Medicare

by Kaitlyn Houseman on October 1, 2013

The federal Fiscal Year runs from October 1 through September 30th.  This means that Fiscal Year 2014 begins today on Tuesday, October 1.  In order for the government to operate, the Congress must pass and the President must sign appropriations bills that release the money necessary to fund the operation of the federal government. 

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Topics: CMS, Medical Business, Practice Management, Revenue Cycle Management

Is Your EHR Your Certified Professional Coder (CPC)?

by Kaitlyn Houseman on September 26, 2013

The key to successful Electronic Health Record (EHR) adoption is not only selecting the right system, but ensuring you have the right people involved in the process. Many EHR’s pledge the reduction of coding staff because the EHR will allow you to swiftly document, accurately code your progress notes, and auto generate your coding. Sounds easy enough, right? What you might want to consider when listening to the sales demonstration is who is giving the demonstration. As a software vendor, do they have the experience of medical coders and reimbursement staff that have lived the tricks of the trade? Do they understand that sometimes submitting a clean claim requires more than automated claim creation and filing?

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Topics: EHR, Medical Business, Coding, Practice Management, Revenue Cycle Management

Preparing for the HIPAA Omnibus

by Kaitlyn Houseman on September 13, 2013

Understanding the HIPAA Omnibus Rule is likely something you have been working on since the Federal Register published the 138 three-column pages on January 25, 2013.  The deadline for compliance is required with respect to most provisions no later than September 22, 2013. 

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Topics: Medical Business, Practice Management, HIPAA, Affordable Care Act

Electronic Prescribing Requirements for Meaningful Use Stage 1

by Kaitlyn Houseman on September 5, 2013

Spotlight on the Electronic Prescribing Measure for Stage 1 Meaningful Use

Eligible professionals have sent more than 190 million electronic prescriptions for Stage 1 of meaningful use for the EHR Incentive Programs since the programs began in 2011. Learn more about the requirements for the Electronic Prescribing (eRx) core measure, and join these providers who are advancing our health care system through the meaningful use of certified EHR technology.

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Topics: Medical Business, Practice Management, CMS, Incentive Programs

Relocating Your Medical Practice: 4 Tips for Success

by Kaitlyn Houseman on August 26, 2013

If you are considering moving your medical practice to a different office location, you want to make sure your relocation goes as smoothly as possible.  You will have to manage plenty of small tasks as part of the move, but there are a few key items you need to move to the top of your list.

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Topics: EHR, Medical Business, Practice Management, Revenue Cycle Management

3 Tips for Closing the Gap: EHR Training and Patient Communication

by Kaitlyn Houseman on August 23, 2013

According to a recent report from the American Medical Association Board of Trustees, an EHR in the exam room has the ability to improve the doctor-patient relationship.  Before you try to enhance your relationships by downloading the first EHR software system you demo, consider the training you will receive with the EHR implementation.

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Topics: EHR, Medical Business, Practice Management, EHR Training

2013 Physician Survey | Outlook for the Future Includes EHR

by Kaitlyn Houseman on July 9, 2013

Deloitte's 2013 Survey of US Physicians finds they believe the profession's future is decidely different than its past. Their view: the future is practicing in larger organizations using health information technologies (HIT) and team-based models.

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Topics: EHR, Medical Business, Practice Management, Affordable Care Act

Learn How the New ACA Benefit Leads to Boost in Practice Revenue

by Kaitlyn Houseman on July 1, 2013

The Medicare Annual Wellness Visit Simplified - Free Webinar

Find Out How the Underutilized Program Can Increase Medical Practive Revenue Significantly 

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Topics: Medical Business, Practice Management, CMS

EHR Adoption Leads to Cost Savings in Canada

by Kaitlyn Houseman on April 30, 2013

The increased use of electronic health record systems helped reduce costs in Canada's health care system by about 1.3 billion Canadian dollars -- or about $1.27 billion -- over six years, according to a new study by PricewaterhouseCoopers, EHR Intelligence reports (Bresnick, EHR Intelligence, 4/22).

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Topics: Medical Business, Practice Management, Revenue Cycle Management

Meaningful Use: Pre-Payment Audits in 2013

by Kaitlyn Houseman on April 12, 2013

It’s not just about demonstrating Meaningful Use in 2013.  CMS will now be performing pre-payment audits in addition to the post-payment Meaningful Use audits.  Before mailing out some bonus checks, CMS says the audits (which will affect 5-10% of incentive applications) will be random and start with attestations submitted during and after January 2013.

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Topics: Medical Business, EHR, Practice Management, CMS, Incentive Programs

CMS U-turn on Medicare Advantage Payment Cuts

by Kaitlyn Houseman on April 4, 2013

Medicare Advantage Payments to be Increased Instead of Cut

Medicare Advantage customers need not fear the painful benefit cuts in 2014 as anticipated by Health Insurers. CMS backtracked on plans to cut Medicare Advantage payments to insurers by 2.2% in 2014 and instead decided on a 3.3% increase. 

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Topics: EHR, CMS, Medical Business

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