Accelerated Medical Practice Blog

Although the Senate has approved delaying the crippling 27.4% Medicare reimbursement cut until March 1, 2012, House leaders have stated their intention to defeat the two-month Senate bill in favor of a longer term solution. Congress still has much work to do to come up with a feasible and permanent fix to the sustainable growth rate (SGR) formula.

Every year, physicians start to sweat when the Centers for Medicare and Medicaid (CMS) releases the final rule on the Medicare Physician Fee Schedule (MPFS) reflecting the financial impact the Standard Growth Rate (SGR) adjustment will have on their business in the upcoming year. 

CMS’s HIPAA standards 4010 to 5010 conversion will take place on January 1, 2012. Many practices have high expectations of the new 5010 format, some even hoping for the capability to list more than four diagnoses per procedure or line item.

A personal experience of how technology can adversely affect physician face time.

Speed is in the eye of the beholder, particularly when the “beholder” is a busy physician!