NEWS ROUNDUP: The Latest Medical Coding Updates (March 2023)
The medical coding world is always changing, like many industries.
As such, it’s important to stay updated about the latest news, changes and updates impacting the industry.
Never fear, that’s why we’re here.
Let’s break down some of the latest medical coding news and updates you’ll find online these days.
The 2022 Salary Survey results are in and data show that AAPC certified medical coders, billers, and other healthcare business professionals are less affected by economic fluctuations and more resilient to certain industry trends than many other employment sectors in the United States. We credit this stability to the niche market our members have created through training, certification, and adaptability, which has rendered them essential to revenue cycle management in a variety of settings and applications.
Prior to the pandemic, claims fraud, waste and abuse (FWA) was a priority issue for health plans aiming to improve both care quality and the member experience.
Almost 45 percent of consumers reported spending up to one month on the healthcare billing correction process.
The Biden administration has been signaling the end of the COVID-19 public health emergency (PHE) since late last summer, but now there’s a concrete end date — which means you need to start preparing for it immediately. But, accelerated by the pandemic, health plans are now grappling with compounding operational challenges — from aberrant services related to COVID-19 diagnoses, to service shifts, to uncontrolled telehealth expansion and, of course, labor shortages. These converging challenges has brought a sense of urgency to the need for a new payment integrity (PI) architecture, including complete process re-engineering and AI, automation and analytics enablement.
This Medical Billing Market Report helps you understand the market and implement your business expansion strategies. Strategic analysis provides insight into the marketing channels and market position of potential growth strategies, and provides detailed insights into new market entrants or existing competitors in the Medical Billing industry.
New rules would amend an Affordable Care Act provision to allow more women to obtain contraceptive services at no cost.
If you’re interested in keeping your medical coding knowledge updated, be sure to check out Medical Coding Academy Online today!