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August Radiology eNewsletter
1. AUGUST 2012
Inside
IN THIS ISSUE
1.1
2013 PROPOSED
MEDICARE PHYSICIAN
FEE SCHEDULE
1.2 2013 Proposed Medicare Physician
THREE THINGS
RADIOLOGISTS SHOULD Fee Schedule
LOOK FOR IN A
REVENUE CYCLE In recent weeks, the U.S.
MANAGEMENT Centers for Medicare and
COMPANY
Medicaid Services (CMS)
2.3 proposed a new Medicare
REVENUE CYCLE Physician Fee Schedule (MPFS)
MANAGEMENT:
BENCHMARKING YOUR for 2013, that will reduce
RADIOLOGY PRACTICE payments to radiologists by 4%
and radiation oncologists by
2.4 15%. The proposed cuts would
PATIENT PROTECTION
AND AFFORDABLE CARE be made to pay for a 7% increase in payments to family physicians and
UPDATE a 3-5% increase to other primary care physicians. In simple terms,
decreases in payments for radiology services, equal increases in
payments for others.
Learn more about the proposed physician fee schedule here!
Three Things Radiologists Should Look for
in a Revenue Cycle Management Company
The financial health of a radiology
practice can be assessed by the level
of overall reimbursement and the
status of a practice’s accounts
receivable. It is extremely difficult to
F I R T Y
continue to provide high quality
patient care; if you are constantly
(855) RING-HIS
350 S. Northwest Highway worried about the revenue cycle, and
Suite 200 how it may impact the practice's income and profitability levels.
Park Ridge, IL 60068
Learn more about the three key qualities to look for in a
www.healthinfoservice.com
revenue cycle management company now!
HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com
2. AUGUST 2012
Revenue Cycle Management: Benchmarking
Your Radiology Practice
Benchmarking is critical to financial success. When you benchmark your
practice you are able to see where you are at, and where you would like
to be, all the while improving your productivity and performance. What’s
the hardest part of benchmarking your practice?
Some would say just starting. How can you start benchmarking your
practice?
Read more about how you can begin benchmarking for your radiology practice!
Patient Protection and Affordable Care Act Update
It is pretty safe to say that by now you are all aware that the Supreme
Court announced its decision on the constitutionality of the
provisions detailed in the Patient Protection and Affordable Care Act
(ACA), A.K.A “ ObamaCare”.
And, like most healthcare professionals are probably asking, what
does this mean for me?
Read more, to learn about the two substantive issues presented to the
court and how it would effect you and your practice.
Learn more now!
Have Questions? We’re happy to help.
Healthcare Information Services (HIS)
(855) RING-HIS
350 S. Northwest Highway, Suite 200
Park Ridge, IL 60068
www.healthinfoservice.com
F I R T
Y
HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com