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ICD-10 Test Claims Submitted

CMS Accept 89% of ICD-10 Test Claims Submitted

On June 2, 2014, CMS Acting Director, Niall Brennan, posted some exciting ICD-10 testing results to the CMS website. In summary, based on 2,600 participants, CMS accepted 89% of the more than 127,000 claims that were submitted with ICD-10 diagnoses. Brennan also posted that, “HHS expects to release an interim final rule….that would require the […]
Reduction in Your Medicare Reimbursement

Stop 1% Reduction in Your Medicare Reimbursement – You Still Have Time

The American Recovery and Reinvestment Act of 2009 (ARRA) requires Medicare providers that are not meaningful users of electronic health records (EHR) to start by taking a 1% pay cut as of January 1, 2015.  The payment adjustments will continue at 1% for every year if the provider is not a meaningful provider (maxing at […]
Medicare Overpays

Medicare Overpays Billions on E/M Claims

According to a May 2014 report based on 2010 data, HHS is claiming Medicare overpaid $6.7 billion in E/​M payments to providers. The Inspector General’s report, released on May 29, 2014 estimates that 21% of the $32.3 billion spent on E/​M services in 2010 are overpayments.  This data is based on 657 Medicare claims. Although […]