November 6th 2024
"If you tapped into your emergency fund for any reason this year, it is important to make sure the account is replenished," writes Jeff Witz, CFP.
September 27th 2024
New Senate boosts hope for medical liability reform
February 1st 2005Washington--There's an outside chance that urologists tired of fighting for medical liability reform in efforts to reduce their insurance rates could end up benefiting from the work of a surgeon who became a politician and is determined to get some federal judges confirmed by Congress.
It's crunch time: Tips to make up for lost dollars
January 1st 2005The year 2005 will portend a significant decrease in income for nearly every American urologist. Most will be impacted by Medicare's slashing the reimbursement for LHRH agonists and certain other drugs administered in the office. Solo practitioners can anticipate annual losses of income in the thousands of dollars, and larger group practices can expect over a $1 million shortfall this year.
Medicare revenue for urologists will drop 14% in 2005
December 1st 2004Washington--The Centers for Medicare & Medicaid Services has published its final rule implementing the 2005 Medicare fee schedule, and it's not good news for urologists-especially those who administer cancer drugs in their offices.
Reimbursement up for urology E&M services, down for surgical procedures
November 11th 2004Reimbursement for urologic evaluation and management services increased by one-half since 1995, while surgical reimbursement rates have decreased by about one-third, according to a study in the November Journal of Urology (2004; 172:1958-62).
Medical liability, patient safety bills stall in Congress
November 1st 2004Washington-The results of this month's presidential and congressional elections will go a long way toward determining the fate of efforts to curb medical liability lawsuits and judgments, as well as the related issue of protecting patient safety.
Several changes to ICD-9 codes are now in effect
November 1st 2004Three separate coding and reimbursement issues are impacting urologists now and will continue to affect practices in 2005. This article will focus on these three issues-ICD-9 changes for 2005, drugs purchased by physicians, and the -59 modifier.
Data raise questions about bladder ultrasound usage
November 1st 2004Bladder ultrasound is noninvasive and relatively easy to perform, which may explain its increased usage in recent years. However, the American Board of Urology has expressed concern that urologists may be overusing the test. In this exclusive Urology Times interview, Pat Fulgham, MD, president of Urology Clinics of North Texas, Dallas, discusses data on the dramatic shift in bladder ultrasound usage by some urologists. Dr. Fulgham, who teaches an annual AUA course on ultrasound, also discusses clinical and reimbursement guidelines clinicians should follow. The interview was conducted by UT Editorial Consultant Robert C. Flanigan, MD, professor and chairman of the department of urology, Loyola University Medical Center, Maywood, IL.
OK to bill orchiopexy with hernia repair, CPT says
October 1st 2004Q A pediatric urologist I code for is concerned that we cannot bill/code for both orchiopexy and a hernia repair done during the same operating room session. Do you have any documentation on this matter? When you look up 54640 in CPT 2004, it references, "For inguinal hernia repair performed in conjunction with inguinal orchiopexy, see 49495-49525." In the Medicare Correct Coding Guidelines, I do not see any edits stating not to bill both procedures together.
AMA updates document on negotiating managed care contracts
September 16th 2004The American Medical Association has updated its Model Managed Care Contract to reflect recent legal and other changes. New portions of the model contract, now in its third edition, address changes in medical necessity, HIPAA regulations, and prompt payment.