Payer contract negotiation is governed by a layered set of federal and state laws that determine what insurance companies can and cannot do when contracting with providers. Federal frameworks include antitrust rules enforced by the FTC and DOJ, the No Surprises Act’s restrictions on balance billing and network adequacy, and Medicare and Medicaid participation requirements. […]
Mental Health Parity, No Surprises Act, Prior Authorization, Rate Negotiations
Three regulatory areas are generating the most immediate compliance and revenue impact for medical practices right now. No Surprises Act billing requirements for out-of-network services, the CMS Physician Fee Schedule updates that adjusted payment rates for dozens of common procedure codes, and Medicare Advantage plan policy changes that affect prior authorization timelines and coverage determinations. […]
CMS Fee Schedule, CMS Fee Updates, Decoding Payment Changes, Medicare Advantage, No Surprises Act
If you’ve ever received a medical bill, chances are you were confused, frustrated, or both. The bills are often filled with inscrutable codes, massive dollar amounts that seem to make no sense, and a complete lack of clarity around what you’re actually being charged. It’s a systemic problem in the US healthcare industry that leads […]
American Hospital Association, Billing, Billing Systemic Reform, Billing Transparency, CMS, Healthcare, Healthcare Billing, Medical, Medical Billing, Medical Billing Service, Medical Billing Transparency, No Surprises Act, Revenue Cycle, Revenue Cycle Management
The healthcare industry is dynamic, and staying up-to-date with the latest regulatory changes is crucial for efficient Revenue Cycle Management (RCM). RCM encompasses the processes involved in tracking and collecting patient service revenue, from the initial registration and appointment scheduling to the final payment of balances. Failure to comply with regulatory requirements can result in […]
Affordable Care Act, Coding and Documentation, Cybersecurity, Data Privacy, Environmental Sustainability, Health Equity, HIPAA, Interoperability, No Surprises Act, Non-Discrimination Regulations, Patient Access, Price Transparency, Regulatory Changes, Regulatory Compliance, Regulatory Requirements, Telehealth, Value Based Care, Virtual Care Regulations
As US healthcare costs continue rising steeply – now over $4 trillion representing nearly 20% of GDP – both federal and state policymakers urgently seek ways to contain runaway expenditure growth. This drive manifests through expansion of programs like Medicare Advantage and Medicaid managed care coupled with accelerating passage of game-changing legislation like No Surprises […]
Billing, Billing Best Practice, Billing Disruption, Billing Revenue, Claim Data, Consumer-Centered Billing, Good Faith Estimates, Health Level 7, Healthcare, HL7, Interoperability, Medicaid, Medical Billing Regulations, Medicare, No Surprises Act, Pre-Authorization