The American Medical Association (AMA) has rolled out a comprehensive plan, named the "AMA Recovery Plan for America's Physicians," aiming to address the challenges confronting physicians, particularly exacerbated by the COVID-19 pandemic. This initiative comes in...
Results for ""
Sunscreen Guide from the American Academy of Dermatology
The American Academy of Dermatology has crafted a comprehensive guide to selecting and applying sunscreen effectively. With the onset of summer marked by Memorial Day and the resurgence of outdoor activities post-COVID-19 restrictions, it's crucial to prioritize...
Accountable Care Organizations (ACOs): A Growing Force in American Healthcare
Recent research from Oliver Wyman reveals a significant milestone in American healthcare: Nearly 10 percent of patients in the U.S. are now receiving care through Accountable Care Organizations (ACOs). This finding underscores the rapid emergence of ACOs, once obscure...
Embracing Adaptability: Your Attitude Towards Change is Critical
Embracing change is often challenging, yet it is crucial for personal growth, professional development, and overall self-improvement. Cultivating a positive perspective when confronted with challenges or changes can aid in adapting to unfamiliar situations, pushing us...
Accounting’s Role in a Healthcare Practice’s Profits
In the intricate ecosystem of healthcare, the significance of accounting and bookkeeping might seem distant from direct patient care, yet it's deeply intertwined with the vitality of medical practice. While some practitioners gravitate towards the perceived safety of...
Cyberattack on US Healthcare Tech Giant Sparks Billing Delays and Security Concerns
Change Healthcare, a leading U.S. health technology company, is making strides in recovering from a ransomware attack it experienced in February. The attack, attributed to the ALPHV ransomware group, disrupted crucial operations, causing billing delays and raising...
High-Touch & High-Tech: Personal Support & Cutting-Edge Technology
The demand for efficiency, precision, and a personal touch is high in the healthcare field. Welter Healthcare Partners recognizes the significance of blending personal support with technological innovation in today's business of healthcare landscape. This philosophy...
Navigating the Impact of the CMS Rule on Revenue Cycle Management
In the world of revenue cycle management, the recent finalization of the CMS rule has sparked intense scrutiny. At Welter Healthcare Partners, we're diving into its intricacies to understand how it affects individuals, organizations, and most importantly, our valued...
Coding Frequently Asked Questions – FAQs
How can we ensure that our coding and documentation practices are optimized to achieve the highest possible revenue reimbursement? Conduct a well-rounded Provider and Coder audit cycle with a comprehensive scoring report. Implement a well-maintained coder training...
Why is Risk Adjustment Coding in Healthcare Important?
If you've ever worked with healthcare costs and insurance, you're likely familiar with the term "risk adjustment coding." But what does it entail, and why is it a critical component for both healthcare organizations and insurance companies? In essence, this serves as...
Medicare Reforms Prior Authorization to Empower Physicians & Enhance Patient Care
In a groundbreaking move, the Centers for Medicare & Medicaid Services (CMS) has recently implemented a final rule, led by Administrator Chiquita Brooks-LaSure, that promises to revolutionize the prior authorization process. These reforms, aimed at cutting patient...
Groundbreaking Bill Aimed At Streamlining Healthcare Credentialing in California
California Assemblyman Jim Wood has championed a groundbreaking bill, AB-815, aimed at simplifying the often cumbersome process of credentialing practitioners seeking to join healthcare plans. The bill proposes the establishment of a state board tasked with certifying...