Pulmonary Artery Revascularization
Surgery: Respiratory System
A new code for the repair of a nasal valve collapse, 30469, is added to report the use of low-energy, temperature-controlled subcutaneous/submucosal remodeling.
30469 – repair of nasal valve collapse with low energy, temperature-controlled (i.e., radiofrequency) subcutaneous/submucosal remodeling) is a Medi-Cal benefit. No TAR […]
Chronic Pain Management and Treatment Services
CMS has finalized new HCPCS codes, G3002 and G3003, and valuation for chronic pain management and treatment services (CPM) for CY 2023. They believe the CPM HCPCS codes will improve payment accuracy for these services, prompt more practitioners to welcome Medicare […]
Chronic Pain Management and Treatment Services
CMS has finalized new HCPCS codes, G3002 and G3003, and valuation for chronic pain management and treatment services (CPM) for CY 2023. They believe the CPM HCPCS codes will improve payment accuracy for these services, prompt more practitioners to welcome Medicare […]
Changes in Category III codes
Surgery: Eye and Ocular Adnexa CPT 2023 changes
Transluminal dilation of aqueous outflow canal codes 66174 and 66175 are revised to include canaloplasty, as an example.
66174 – Transluminal dilation of aqueous outflow canal; without retention of device or stent
New Prostatectomy Code
First, CPT adds a new code for laparoscopic prostatectomy that joins the existing surgical codes addressing the prostate.
When a physician uses robotic assistance to remove the prostate, use […]
Ob-Gyn Coding Alert
There are three new codes in the integumentary system section that could affect your practice, plus one deletion and one revision.
New mesh code:
Behavioral Health Services
In light of the current needs among Medicare beneficiaries for improved access to behavioral health services, CMS has considered regulatory revisions that may help to reduce existing barriers and make greater use of the services of behavioral health professionals, such as licensed professional counselors (LPCs) […]
Remote therapeutic monitoring (98975-98978, 98980 and 98981).
CPT has revised the description for remote therapeutic monitoring code 98975 to accommodate the addition of a new CPT code, 98978, specifically for monitoring for cognitive behavioral therapy. (The description’s parenthetical section now includes only “therapy adherence” and “therapy response.” […]
Surgery: Urinary System
Codes for percutaneous nephrolithotomy or pyelolithotomy (50080 and 50081) are revised to clarify which services are included when performing the procedure, so they can be properly valued. Code 50080 is reported for a simple procedure that involves stones up to 2.0 cm. Stones greater than 2.0 […]
Colorectal Cancer Screening
For CY 2023, we are finalizing, as proposed, two updates to expand our Medicare coverage policies for colorectal cancer screening in order to align with recent United States Preventive Services Task Force and professional society recommendations.
Over the years, private practices, especially those with 7 or less providers, have struggled with which compensation model to use when contracting new Physicians and Physician Extenders. The very popular […]
Medical billing services – the process of recording and processing claims for health care services rendered to patients is one of the most important components of a small practice. It is one of the most challenging parts of running a practice because it requires expertise in many areas, […]
1. Time is of the essence when starting a practice
2. Show Me the Money
3. Hire Slow, Fire Fast
4. The Technology Chase (EHR/PM)…previously known as “The Paper Chase”
5. Medicine is Business
[…]
As a medical billing company, We help you in:
Medical billing refers to […]
The healthcare landscape is complex today. Private Practices have many other priorities. They must address issues such as declining reimbursements and Staff shortages. Partnering with medical billing service companies is a great way to create the […]
Svast is highly experienced staff in Brightree Medical billing. Brightree is one of the most widely used systems for DME billing. We provide a full-service DME billing solution on Brightree. […]
The flu, which regularly takes hundreds of thousands of Americans to the hospital each year and kills tens of thousands, was not as severe as in previous years, which was a silver lining of the prior two winters. According to Peter Palese, a microbiologist and flu expert at […]
In 2020, most health insurance providers eliminated co-pays, deductibles, and other cost-sharing for COVID-19 patients who were hospitalized, but several large insurers lifted the waivers in early 2021. In the rise of instances that have occurred since early 2021, tens of thousands of Americans have been very ill […]
The FDA’s vaccine advisory group decided on Oct. 26 to recommend that the COVID-19 vaccine from Pfizer be approved for children ages 5 to 11. Within the next several days, the FDA is anticipated to approve the vaccinations for the age range, following the advice of the Vaccines […]
COVID, as everyone knows, sparked a surge in telehealth usage and shone a spotlight on the future of telehealth for a brief while. Medical care has become more accessible and easy thanks to video consultations and other virtual care services. However, telehealth utilization is presently on the decline. […]
The Biden Administration has issued an interim final rule with a comment period to further implement the No Surprises Act, introducing a dispute resolution process for self-pay patients and the uninsured, through the Departments of Health and Human Services, Labor, and Treasury, and the Office of Personnel Management. […]
In August, preventable COVID-19 hospitalizations cost the US healthcare system $3.7 billion.
To outsource or not to outsource medical billing is an important decision for physicians to practice. Below are a few key factors to keep in mind while considering the possibility to outsource medical billing:
You have made a wise choice to outsource medical billing. More than 70% of physician practices see an increased payment and reduced AR if they are able to find the right medical billing company. It can be overwhelming […]
Svast is on of the top Medical billing for practice using Dr. Chrono. Dr. Chrono is one of the widely used EHR systems among healthcare practices. Svast has been successfully providing medical billing services on the Dr. Chorno platform for over 5 years. We provide a full-service billing solution […]
The updates in the 2021 Evaluation and Management guidelines will mean moving the way you think on selecting the appropriate visit codes for your acute visits. In this article, we’ll cover the changes we need to expect and tips to prepare […]
Medical billing for Pediatrics requires taking into consideration that Pediatricians spend approximately 25% more time with their patients as compared to other specialty practices, and oftentimes will provide several complex and more comprehensive services to their patients. The pediatric practices need […]
Svast is highly experienced staff in Brightree Medical billing. Brightree is one of the most widely used systems for DME billing. We provide a full-service DME billing solution on Brightree. Svast will take care of everything from claim submission to A/R follow-up, and our qualified staff will field […]
12%
Average
Decrease in Denial Rates
15%
Sustained Long-Term Increase […]
12%
Average
Decrease in Denial Rates
15%
Sustained Long-Term Increase in Collections
99.7%
Svast is #1 in Aprima Medical billing. Aprima is one of the most widely used EHR systems among healthcare practices. Svast has been successfully providing medical billing services on the Aprima platform to several medical practices for over 10 years. We provide a full-service billing solution on Aprima. […]
12%
Average
Decrease in Denial Rates
15%
Sustained Long-Term Increase in Collections
99.7%
At Svast, We get a lot of questions about Medical Billing outsourcing. So, we decided to answer them.
Todays informed physicians are looking at how technology can make private practices and medical billing more efficient. While there are many options on the market, the top of the list always remains the same; a practice management system vendor supplying a wide range of tools beyond just basic […]
Written by Amelia Coleman,
Physician Practice Consultant
Dermatology is one of […]
Owning your own practice, while challenging at times, is a rewarding and satisfying accomplishment. As a physician, you are no stranger to long days and working hard to achieve what you want. Thomas Edison said it best, “Opportunity is missed by most people because it is […]
Have you thought about expanding your current services or adding a new one? There are many reasons one might consider doing this and they range from, providing a needed service to the community, to economic reasons. If you’re starting to go down this path, the first thing you […]
Are you finding that your practice’s fees are below other similar specialties in your area? On your insurance payments, are you noticing that the carriers are occasionally reimbursing your practice 100% of the billed amount?
If you answered yes to either of the two questions above, it may be […]
Have you considered the benefits of adding a concierge medicine practice to your current business or perhaps switching over entirely?
The number of physicians in concierge medicine remains small, but it’s growing rapidly. In 2012 there were 4,400 private […]
Finding the right candidate can be stressful and always comes with a little risk. If you prepare well enough, you can improve your chances of finding that right person that will work well with your practice goals and operations, and fit into the culture of the practice.
The transition to ICD-10-CM represents much more than just an increase in codes and field sizes. The scope and complexity of the transition are significant and should not be underestimated. Although the transition will impact many systems, processes and people, let’s focus for a moment on the impact […]
Many projects go live using some of the basic documentation provided with the purchase and very little customization. Customization can be part of the solution but only if the optimization efforts for documentation are carefully approached. Customization is not the Holy Grail, however if done well and with […]
Getting these and other major decision points within an interface implementation right the first time is extremely important as the ramifications will extend far beyond the implementation itself. Between managing large and ever changing lab compendiums as well as dealing with issues identified in the first two bullet […]
In the bustle of EHR implementation to meet compliance with the HITECH Act and Meaningful Use, there are EHR go-lives happening every day in all parts of the country. As EHR implementation experts’ clients are constantly asking, “How did you do this before? What can we learn from […]
Collecting overdue patient balances is a task that few relish and one that often gets thrown onto the infamous “to do” pile. With ever shrinking operating margins in private practices, and patient liable amounts increasing annually, it is crucial that you take steps to capture these payments. The […]
Many practices struggle with the decision of whether to do their billing in-house or outsource medical billing. For some practice managers and physicians, outsourcing the billing can feel scary, like you’re giving up control over a crucial part of your business. However, if you have the right billing partner, […]