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Revenue Cycle Management is Top Software Investment Priority for Providers

By Jay Asser for Health Leaders Coming off the heels of the COVID-19 pandemic, providers are doubling down on software investments and prioritizing revenue cycle management to alleviate macroeconomic challenges, according to a report from Bain & Company and KLAS. The research finds that 45% of providers accelerated software investment over the past year, with 10% pulling…

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AMA Announces CPT update for COVID-19 boosters adapted to omicron

From AMA CHICAGO — The American Medical Association (AMA) today announced an editorial update to Current Procedural Terminology (CPT)®, the nation’s leading medical terminology code set for describing health care procedures and services, that includes eight new codes for the bivalent COVID-19 vaccine booster doses from Moderna and Pfizer-BioNTech. The updated boosters are adapted for the…

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AMA Announces CPT Update for Monkeypox Testing and Vaccination

From For the Record Magazine The American Medical Association (AMA) recently announced an update to Current Procedural Terminology (CPT)®, the nation’s leading medical terminology code set for describing health care procedures and services, that includes a new laboratory test code for the orthopoxvirus and two codes for the vaccines being utilized to prevent monkeypox infection. These…

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Billing, Coding Errors Costing Providers Big Time

By Amanda Norris for Health Leaders Physicians left a large amount of money on the table for services that were provided but not coded and billed, according to a recent study published in the Annals of Internal Medicine. Researchers from Brigham and Women’s Hospital and Harvard Medical School used national survey data to conclude that a…

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