NEWS ROUNDUP: The Latest Medical Coding Updates
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.
AMA Releases 2023 CPT Code Set, Aims to Reduce E/M Coding Burden
The 2023 CPT code set will update the rest of the E/M code section after significant changes in 2021, as well as revise AI and virtual care codes.
Medical Billing Outsourcing Set to Hit Record Growth for 2022
High billing costs and staffing shortages in the revenue cycle may be encouraging growth in a specific area: medical billing outsourcing.
Can AI in healthcare prevent emergencies at home?
AI increases the ability for healthcare professionals to better understand patient needs at home.
A futuristic view of medical coding
Revenue cycle leaders need coding and billing to be compliant, accurate and fast. What are hospitals to do as the health care staffing crisis extends to coders, and bringing new coders fully up to speed can take six months to a year?
How Time-Based Billing Impacts Physician Reimbursement for E/M Visits
For 90-minute new patient E/M visits and 45-minute return patient E/M visits, annual physician reimbursement was $409,894 under time-based billing and $188,065 under medical decision-making-based billing.
How State Surprise Billing Protections Increased ED Visits, 2007-2018: Potential Implications for the No Surprises Act
State surprise billing protections decreased emergency department (ED) out-of-pocket payments to such an extent that ED visits actually increased.
If you’re interested in keeping your medical coding knowledge updated, be sure to check out Medical Coding Academy Online today!
