Healthcare News
Determining the true value of a medical practice is a crucial step in the merger or acquisition process, requiring a meticulous evaluation of various elements. This guide reviews the key components for medical practice appraisal.
As hospital decision-makers grapple with the complexities of compliance, the need for a well-crafted plan has never been more crucial. Here are the key elements that hospitals need to consider when crafting a compliance plan that is tailored to their unique operations.
Healthcare mergers and acquisitions reached a new record high in total revenue in 2022, according to Kaufman Hall’s analysis. What happens when physicians merge or sell their practices?
As a hospital decision-maker, navigating the complexities of fiscal year-end planning requires strategic thinking and meticulous attention to detail. Let’s delve into the essential tasks to resolve the current fiscal year and pave the way for a successful year ahead.
CMS announced the implementation of 41 new procedure codes for ICD-10-PCS, effective April 01, 2024. No changes for ICD-10-CM diagnosis codes have been announced.
How do you evaluate the proficiency of your medical coding team or identify team members for cross-training opportunities? Or, how do you ensure new hires’ coding quality meets your standards? The simple solution is medical coding assessments.
The HCC coding system is complex and ever-evolving. There are some HCC codes that are more perplexing than others, have a necessity for another ICD-10-CM diagnosis code connection, or need detailed specificity. Here are some examples.
The 2024 CPT updates are nothing short of revolutionary, with 349 editorial adjustments, including 230 additions, 49 deletions, and 70 revisions. In total, over 11,000 medical procedures and services are receiving an updated coding system.
YES HIM Consulting spearheaded a pioneering initiative – the Inpatient Coder Development Program – to bridge the gap between new graduates and healthcare facilities, addressing the industry’s catch-22 known as the “Great Chasm” of medical coding.
The challenge of coding uncertain diagnoses in the complex Inpatient landscape looms large, demanding a nuanced approach to ensure accuracy and compliance. Review our specialized services to help you navigate uncertainties in the coding process.