Doctors: Get Ready to Accept Chip Credit Cards in Your Practice - 10/13/2017

The looming switch to ICD-10 this fall isn't the only financial transition affecting medical practices in the future. U.S. banks are stepping up security to reduce fraud by switching from strip-based to microchip-based cards by the end of the year.

ICD-10 Coding Advice for Hurricane Injuries - 09/29/2017

If you are treating patients for hurricane-related injuries or illnesses, here is some timely ICD-10 coding guidance from the Centers for Disease Control and Prevention.

ICD-10 Update Creates Problems for PQRS Reporting, Value Modifier - 10/20/2016

As if physicians don't have enough headaches and hassles to deal with to keep their practice doors open, the latest news from the American Medical Association is not good. It turns out the Oct. 1 ICD-10 update will negatively affect some physicians who participate in quality reporting for the Centers for Medicare & Medicaid Services (CMS) Physician Quality Reporting System (PQRS) and Value-Based Payment Modifier (VM) programs. To determine whether the update affects your specialty, review the list of affected quality measures.

Projected ICD-10 Conversion Costs Triple - 06/13/2016

The costs for physician practices to implement the federally mandated transition to the ICD-10 code set are three times earlier estimates, according to a new American Medical Association study.

The Clock's Ticking - 05/13/2016

Thanks to objections from the Texas Medical Association and others, the U.S. Department of Health and Human Services last year granted physicians a reprieve from switching to the ICD-10 coding system, moving the deadline from Oct. 1, 2013, to Oct. 1, 2014. But the Centers for Medicare & Medicaid Services was only willing to delay implementation for a year, thus, barring some unforeseen circumstances, ICD-10 will become a reality in 2014. Although TMA opposes the transition to ICD-10, it is committed to helping physicians get ready for the new coding system, should CMS persist in its current trajectory. TMA, AMA, and coding experts recommend physicians plan now, as ICD-10 promises to affect every aspect of their medical practices.

One Year to Go - 05/13/2016

Failure to prepare for the Oct. 1, 2014, deadline to begin using the ICD-10 coding system will result in financial hardship — possibly even ruin — for physicians because payers will reject their claims. The ICD-10 deadline is one year away, but experts warn that planning for conversion is intricate and time-consuming.

ICD-10 - 11/07/2013

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