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PracticeMax Helps Clients Successfully Transition to ICD-10

PracticeMax is helping clients successfully navigate the transition to ICD-10 utilizing a team of experts including certified coding professionals. The multidisciplinary approach includes cross functional teams representing PracticeMax Senior Leadership, Billing, Coding, Compliance and Contracting Departments. PracticeMax supports and manages many aspects of the transition including but not limited to: Introduction of new tools such […]

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ICD-10 Provider Resources

“Road to 10” by the Centers for Medicare and Medicaid Services (CMS) CMS has created “Road to 10” to help you jump start the transition to ICD-10. Built with the help of small practice physicians, “Road to 10” is a no-cost tool that will help you: Get an overview of ICD-10 Explore specialty references from

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Louisiana Pharmacy Board Update: Electronic Signatures on Prescriptions

It has been confirmed with the Louisiana Board of Pharmacy that a Final Rule went into effect on Tuesday, January 20th, 2015, which requires a handwritten signature on all paper or faxed prescriptions. Here are a few facts about this rule that you should know: This rule does not affect e-Prescribing. The e-Prescribe process will

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How Will ICD-10 Impact Your Practice?

The transition to ICD-10 will impact many areas of the medical practice as illustrated by the graphic below from the American Association of Professional Coders (AAPC).  

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ICD-10 Compliance Date is October 1, 2015

As many in the health care industry are acutely aware, the International Classification of Diseases 9th Revision (ICD-9) diagnosis code set is being replaced with ICD-10. This change will have a significant impact on almost every aspect of physician revenue cycle management and coding. On April 1, 2014, the Protecting Access to Medicare Act 2014

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Unseen Costs of ICD-10 Implementation

What are some of the overlooked unforeseen costs of implementation? Practices may secure cash flow savings or a line of credit to help weather the storm during the transition; it is suggested that practices have a minimum of the equivalent of 30 days of operating capital on hand Measure and budget for money and time

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ICD-10 Preparedness Considerations from the Health Care Solutions Advisor POV

PracticeMax prepared a series of frequently asked questions about ICD-10 and its impact on physician and provider practices. What are the main points of consideration for a practice postponing preparation, besides not getting paid? Transition is mandates by law Inability so submit claims What are three advantages to using a revenue cycle management partner like

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ICD-10 Preparedness Considerations from the Revenue Cycle POV

PracticeMax prepared a series of frequently asked questions about ICD-10 and its impact on physician and provider practices. Q: What benefits and disadvantages emerge when comparing inhouse billing/coders (who have yet to be trained) to outsourced revenue cycle management services? Effective and thorough coding and ICD-10 training takes time, money and resources In some practices

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Monitoring Stakeholder Feedback

In today’s highly competitive market, establishing systems to measure key stakeholder feedback is crucial to increasing volume and nurturing relationships. Well executed survey tools result in business intelligence that can (a) help your practice understand what customers want and expect, (b) assess how your practice is delivering in these areas and (c) help your practice

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Practice Makes Perfect: ICD-10 Delay Allows Time for Clinical Documentation Improvement

In June, the Medical Group Management Association released the results of a questionnaire that ranked members’ most pressing practice-management challenges. In this edition of “Practice Makes Perfect,” we’ll tackle No. 1 on that list: preparing for the transition to ICD-10 diagnostic coding. In DATA, the CMS announced that the new implementation deadline for the International

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