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What's New
July 1, 2010
RED FLAG RULES UPDATE:
The FTC recently called on Congress to exempt physician offices from the Red Flag Rule, and on May 31, the FTC announced they would delay enforcement of the rule through December 31, 2010 while Congress considers legislation exempting physician, attorney and accounting offices with fewer than 20 employees from having to comply with the rule.
December 3, 2009
Change in 2010 CPT codes: review your CPT book for revisions especially on consultation codes.
Medicare will NOT be covering consultations (all facilities) effective 1/1/2010.
August 20, 2008
HHS Proposes Adoption of ICD-10 Code Sets and Updated Electronic Transaction Standards - Proposed Changes Would Improve Disease Tracking and Speed Transition to an Electronic Health Care Environment
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Outsourcing
Benefits of outsourcing:
Experienced staff for your specialty
Reduces overhead: personnel, office supplies, rent, storage, postage, computer software and hardware
Reduces other personnel issues (no coverage issues: no sick days, no workman’s comp, no vacation or holidays)
Reduces stress and additional workload
Does not require additional software
Frees up space to provide other services within office
Increases office productivity and office moral
Accurate and correct billing
Increase efficiency of cash flow
Follow-up on claims
OBCF staff maintains current on all federal policies
Personalized service for your office and patients
OBCF utilizes State-of-the-Art software
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