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ARRA Implications On Healthcare
The past 18 months has brought swirling winds of change by new rules and regulations flowing from the American Recovery and Reinvestment Act (ARRA) and Health Information Technology for Economic and Clinical Health Act (HITECH). These rules and regulations have implications on Healthcare and medical billing services.
Never before has there such a need for change facilitation as there is presently in healthcare. Healthcare leaders and medical billing services that have learned techniques to master change in the most effective manner can pull on these resources during implementation of processes to meet the final regulations of ARRA and HITECH.
Some of the characteristics for effective guidance of change include expertise, credibility, leadership, power and influence. Physician practices and their medical billing services company can work together for change facilitation and implementation of policies and procedure for compliance with new regulations.
A variety of meaningful use and privacy regulations have been making their way slowly throughout the year from the Department of Health and Human Services. Frequently the steps within the process including the following:
• Proposed rules
• Interim rules
• Public comments
• Committee recommendations
• Final rule
The order of the above steps was often difficult to maintain. Some effective dates were established prior to the closing dates for public comments.
Medical offices and medical billing services companies need to step back and take an organized approach to meeting the requirements of the regulations.
Specifically breach notification regulations are in effect and if staff education and procedures have not been completed this should be given top priority by medical offices and medical billing services.
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About the Author:
PGM Medical Billing Services
At PGM, we believe physicians should focus on practicing medicine, not submitting claims and collecting payments. As insurance carriers and HIPAA requirements change, physicians are dedicating more and more of their time and resources to administrative tasks and red tape. By effectively managing this time-consuming work, PGM gives time back to physicians allowing them to do what they do best.
Our specialized medical billing service is focused on maximizing medical provider reimbursement. For the past 30 years, PGM’s medical billing service has been helping physicians not only get paid more, but get paid faster. Our complete practice management solution includes claim submission and follow-up, payment posting, advanced claim scrubbing to minimize denials, and much more.
PGM medical billing services will maximize your collections, reduce your time to payment and help you lower and better manage your expenses, all dramatically improving your bottom line.
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