One of the most frequent questions asked of ICS staff is whether there are legal obstacles to offering discounts to patients who pay in cash at the time of service, often called “time of service discounts.”
Federal law gives authority to the Office of Inspector General (OIG) to impose Civil Monetary Penalties to practices that hire an employee/contractor who has been excluded from Medicare (or other federal programs). If the employee/contractor is involved in any part of service to the Medicare (or other federal program) patient, it can create a penalty liability as much as $10,000 PER service rendered.
CMS announced the release of the new 2021 fee schedule that takes into account the Congressional changes from the late December omnibus budget and relief bill. Fortunately, we received a one-year reprieve from the drastic cuts previously planned.
There are a number of items that we want to remind you to take care of in your practice today. These updates include PQRS G codes, New ABN form, E/M changes, Medicare fees, and poster requirements. Watch the video to learn more!
Since the initial evaluation and management (E/M) guidelines were released in 1995, and again in 1997, there has been controversy. The American Medical Association and the Centers for Medicare and Medicaid Services have joined together to arrive at a consensus that will reshape evaluation and management (E/M) guidelines. The changes in evaluation and management guidelines for 2021 only apply to office or outpatient codes 99202 – 99215.