<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=1043001&amp;fmt=gif">
Get a Demo
Blog Feature

By: Advanced Data Systems Corporation

Print this Page

December 29th, 2015

[Excerpt] 5 Claims Reimbursement Questions and Answers

Practice Management | Industry News

Claims Reimbursement QuestionsThe following excerpt is from an article found on Revcycleintelligence.com. It was written by Jacqueline DiChiara.

--------------------

Money talks and the healthcare industry is listening. Claims reimbursement was one of many weighty revenue cycle management topics the healthcare industry kept an ear out for this year. From the art of claims scrubbing to figuring out how to keep denial rates low, numerous questions nonetheless emerged over the past twelve months.

The universal and timeless desire to get paid remains the heart of healthcare. Here are 5 claims reimbursement questions, as answered by leading experts earlier this year. 

Is telemedicine the reimbursement solution?

“[The] regulatory focus is shifting away from reimbursement issues and focusing more on allowing telemedicine access without state barriers. Although Medicaid, Medicare, and private health insurance reimbursement will always be sought, telemedicine is thriving and profitable with or without governmental reimbursement,” stated Nadia de la Houssaye, Partner at Jones Walker LLP, to RevCycleIntelligence.com.

“Historically, one of the biggest challenges facing reimbursement for telemedicine services was the lack of hard evidence establishing the cost savings and patient outcome. Today, the clinical and devise data overwhelmingly demonstrates that the integration of telemedicine in the care of patients not only reduces hospitalizations and re-admissions rates, but also improves patient outcome.”

“Corporate America is investing billions of dollars into the telemedicine industry. Investors are closely monitoring medical devices and understand that telemedicine is essential to the future of healthcare, largely due to changing demographics and reimbursement models. The capacity of new technologies to remotely monitor chronic health problems in an effective, secure, and real time manner, allows for better management of chronic conditions in the home setting.”

Is telemedicine the reimbursement problem?

“Medicare is the slowest to adopt the use of this technology, so it is going to be a few years for them to really come in line to do everything they should,” asserted Jonathan Linkous, CEO of the American Telemedicine Association.

“There is some reimbursement now through Medicare and as we move through other kinds of payment mechanisms — the payment for quality rather than quantity — and when those take hold it is going to accelerate it, but we have to move faster than that pace.”

“We are still in the beginnings of it, but clearly the tidal wave is coming. … Teamed with that on the state level, the fact that we have some 40 states that are moving in the direction of putting legislation through the state governors’ offices that mandate private payer insurance or expanding Medicaid reimbursement or other types of incentives.”

Is ICD-10 implementation hindering reimbursement?

“If the physician doesn’t appropriately document, then it won’t get appropriately coded. If it doesn’t get appropriately coded, there is risk of reimbursement and cash flow to both the physician and the health system,” said Michael Clark, Evariant’s Chief Operating Officer, to RevCycleIntelligence.com.

“There is no near-term perceived benefit to the physician going to ICD-10, which is why the AMA, MGMA, and physician advocates have fought this so hard for so long,”

“CMS does not really care if it takes you 1 day or 100 days to file that claim. The anxiety is upstream with the physicians and health systems who depend on their Medicare/Medicaid mix and reimbursement. CMS wants to make sure when you file it, it comes in, in the right format, in an electronic format they can manage efficiently on their side.”

“At the end of the day, the heavy burden is on the physician with little to no meaningful immediate benefit to spend time documenting. He or she knows what the patient’s condition is and in a referral situation – when done effectively – the receiving physician is well aware of specificity through other verbal and non-verbal conveyance.”

“With ICD-10, physicians are the ones treating the patient and the expectation is they need to document a greater level of specificity for appropriate care, professional appropriate reimbursement, and medical/legal/regulatory compliance consistent with the expanding ICD-10 code set, and that takes time.”

Read the Full Article Here

Subscribe-to-the-Blog

About Advanced Data Systems Corporation

Since 1977, Advanced Data Systems Corporation (ADS) has been a leading provider of mobile Electronic Health Records and Practice Management automation for multiple specialties. We have specific systems for Behavioral Health and Laboratories as well as MedicsRIS for radiology. Our MedicsRCM is ideal if revenue cycle management is preferred.

Tens of thousands of providers and system operators rely on solutions from ADS to help them derive maximized revenue with extraordinary efficiency while optimizing the patient’s experience enabling them to stay connected using their iPads, iPhones and Android devices.

  • Connect with Advanced Data Systems Corporation