A monthly report should provide data associated with Key Performance Indicators for operating a pediatric practice. Some of the Key Performance Indicators (KPIs) to monitor via the monthly report include: Average AR Days: Average Accounts Receivable (AR) is a measure of, on average, how fast the practice is being compensated for services performed. The lower…
DetailsThe first quarter of 2022 has been a concerning time in the world due to the invasion by Russia into Ukraine. While hackers are always a concern, our awareness is higher now due to concerns of Russia increasing their cyber attacks. Many cyber security consultants and firms are increasing their business with…
DetailsWhile most of the 2022 No Surprise act is related to surprises patient’s receive in emergency care, some parts of the act apply to outpatient care. The emergency services situations include a fairly common situation like when a patient visits a local ER (for which hospital is in network) and receives treatment from ER…
DetailsEach year additional ICD10 codes are added and some are retired. While there are a few hundred new ICD10 codes added this year, there is a select number of codes that were updated in the area of Pediatrics (about 150). The most relevant new ICD10 codes in 2022 in the area of Pediatrics include: Category…
DetailsThe US government approved the CARES Act in April 2020. Part of the initial CARES Act was to provide funds to Health and Human Services for distribution to hospitals and providers for financial relief due to the COVID19 pandemic. HHS created a Provider Relief Fund via the Health Resources and Services Administration (HRSA) Provider Relief…
Details
Login
