If your are not aware and prepared for the 2009 cardiology billing and coding changes you may be leaving a lot of money uncollected.
The 2009 cardiology coding and billing changes are the most significant that have been seen since the mid 1990s.
While the average physician will see slightly over a 1% increase in Medicare fees, Cardiologists will see a 2% reduction in fees. This is mainly the result of lower payments for office-based imaging.
As a result some cardiology practices will see revenue decreases far exceeding the average 2% (particularly the offices heavily dependent on echo services). Other cardiovascular services may experience increases if properly managed.
Here are examples of some of the upcoming changes:
- All of the codes previously used to submit charges for implanted device follow-up have been deleted and replaced with new codes. Not only have the old codes been replaced, but they have been replaced with a more updated code set that provides codes for checks of devices with leads in 3 chambers, codes specific to a remote (internet) device check, codes for following ICM devices, codes for periprocedural checks, etc.
- Global periods related to device follow-up now include global periods of 30 or 90 days. The new codes are now service specific (i.e., either an interrogation evaluation of a programming evaluation).
- Wearable cardiac telemetry devices (for instance Cardionet type service) now have specific codes. You no longer bill with an unlisted code. These new codes include the complication of global periods.
- Codes that bundle multiple echo services under a single code have been introduced. Examples include a single CPT for bundling an echo with both a Doppler and color flow and a stress echo CPT that bundles both the stress test and stress echo.
As the examples above demonstrate, the magnitude of this year's cardiology billing changes are more significant that has been seen in recent years. Without proper education, cardiology billing training, software upgrades and billing resources cardiology practices may see marked reductions in collections and increases in AR.
Copyright 2009 by Carl Mays II
The 2009 cardiology coding and billing changes are the most significant that have been seen since the mid 1990s.
While the average physician will see slightly over a 1% increase in Medicare fees, Cardiologists will see a 2% reduction in fees. This is mainly the result of lower payments for office-based imaging.
As a result some cardiology practices will see revenue decreases far exceeding the average 2% (particularly the offices heavily dependent on echo services). Other cardiovascular services may experience increases if properly managed.
Here are examples of some of the upcoming changes:
- All of the codes previously used to submit charges for implanted device follow-up have been deleted and replaced with new codes. Not only have the old codes been replaced, but they have been replaced with a more updated code set that provides codes for checks of devices with leads in 3 chambers, codes specific to a remote (internet) device check, codes for following ICM devices, codes for periprocedural checks, etc.
- Global periods related to device follow-up now include global periods of 30 or 90 days. The new codes are now service specific (i.e., either an interrogation evaluation of a programming evaluation).
- Wearable cardiac telemetry devices (for instance Cardionet type service) now have specific codes. You no longer bill with an unlisted code. These new codes include the complication of global periods.
- Codes that bundle multiple echo services under a single code have been introduced. Examples include a single CPT for bundling an echo with both a Doppler and color flow and a stress echo CPT that bundles both the stress test and stress echo.
As the examples above demonstrate, the magnitude of this year's cardiology billing changes are more significant that has been seen in recent years. Without proper education, cardiology billing training, software upgrades and billing resources cardiology practices may see marked reductions in collections and increases in AR.
Copyright 2009 by Carl Mays II
About the Author:
Make sure your practice is prepared for these sweeping Cardiology Billing changes by visiting the Cardiology Billing Partners website (www.cardiologybilling.com). Stay on top of the most recent cardiology billing and coding news by visiting the Cardiology Billing Blog.
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