You may think you are charging Medicare everything you are entitled to, but you are probably NOT. This means you are doing the work, and not getting paid. wRVU.
wRVUs (work Relative Value Units) are the culprit, and this is especially true with this year’s massive E/M changes. Even the smallest change to a wRVUs can have a big impact on your practice revenue. Poorly managed wRVUs can sink your reimbursements, and leave you exposed to increased compliance risk and significant penalties. Not to mention the money you are most likely losing by miscalculating wRVUs when you add a new service or procedure.
The ONLY way to ensure you get paid every penny you deserve from Medicare is to make wRVUs work for you. If you’re not, you’re leaving thousands of uncollected dollars on the table.
This is where wRVU experts and consultants, Heather Greene, RHIA, CIC, CDIP, CPMA, CPC and Jennifer J. Albers, MHA, can help. In their upcoming 90-minute online training on Tuesday, September 28th at 1pm ET, both experts will walk you through how to identify revenue you are losing due to wRVUs mistakes. They’ll also breakdown how you can make wRVUs work for you in plain-English to ensure you get paid for MORE of the services you provide.
Here are just a few of the practical, step-by-step tactics you’ll receive during this 90-minute online training that will help you use wRVUs more effectively to boost your reimbursements:
- Make sure the 2021 E/M changes aren’t eating away at your reimbursement
- More accurately estimate Medicare payments and avoid repayments (par providers)
- Pin down the 2021 conversion factor to better plan your revenue (and use formula for 2022)
- Uncover the most common myths related to the Physician Fee Schedule and how they can get you in trouble
- Stop losing money, master post-op periods for Global Surgery Codes and wRVU translations
- Utilize wRVUs to help your schedule run more smoothly, and keep provider appointments full
- Proven strategies to ensure your fee schedule remains accurate and working for you
- Stop leaving cash on the table, identify where potential wRVU revenue is slipping through the cracks
- More quickly and accurately add new procedures to reap the financial benefit
- And much, much more!
Who should attend: Both Medicare par and non-par practices alike are required to use the Physician Fee Schedule to correctly calculate wRVUs. Not doing so (without regard for specialty) will lead to noncompliance and hefty fines. Accordingly, if you are billing Medicare for any service, this online training is essential to your practice.
Mastering wRVUs just isn’t easy – and avoiding them is a huge mistake. This training can help make utilizing wRVUs easier and more efficient so you can maximize the reimbursement your practice receives from the services your practice provides.
Even if you’ve utilized wRVUs for years, this session will open your eyes to additional reimbursement opportunities and possible compliance missteps. You will get the keys necessary to unlock their numerous benefits and put them to work for your practice.
Registration is limited, so sign up today for this 90-minute online training session today. Finally, you’ll cut through wRVU confusion, and get paid more of the reimbursement you deserve.
Heather is a member of the Health Care Performance Advisory Services division. Heather has nearly 20 years of experience in the healthcare industry, with extensive experience working in a variety of key healthcare information management (HIM) roles.
She assists hospitals in evaluating and improving their clinical documentation integrity (CDI) programs. She also helps hospitals and physician practices in increasing their net revenues and lowering denials through improved clinical documentation and coding integrity. She provides coding and documentation consulting and training to improve clinical documentation integrity and coding accuracy.
Heather is skilled at bringing trying information to life and incorporate relevant resources for clinical and administrative staff. Her presentation style is energetic, anecdotal and learner-focused, with a view not only to help participants improve their knowledge levels, but also enhance their willingness and ability to apply what they’ve learned in a practical setting.
As a conscientious member of the healthcare community, Heather regularly attends conferences, seminars and takes advantage of many opportunities to interact with other nationally recognized HIM and coding experts where she can stay on top of the ever-changing regulations that impact the industry. She is a member of American Health Information Management Association (AHIMA), American Clinical Documentation Integrity Specialists (ACDIS) and American Academy of Professional Coders (AAPC). She is currently on the CDI Summit Committee for AHIMA.
Heather is a graduate of Eastern Kentucky University, with a B.S. in Health Information Management and has a Master of Business Administration from Midway College. She is a Registered Health Information Administrator (RHIA), Certified Inpatient Coder (CIC), Certified Documentation Improvement Professional (CDIP) Certified Professional Medical Auditor (CPMA), and Certified Professional Coder (CPC). She also holds designations of Approved CDI and ICD-10-CM/PCS Trainer.