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AUGUST 2012




                                               Inside
  IN THIS ISSUE
  1.1
  2013 PROPOSED
  MEDICARE PHYSICIAN
  FEE SCHEDULE

  1.2                                          2013 Proposed Medicare Physician
  THREE THINGS
  RADIOLOGISTS SHOULD                                    Fee Schedule
  LOOK FOR IN A
  REVENUE CYCLE                                                              In recent weeks, the U.S.
  MANAGEMENT                                                                 Centers for Medicare and
  COMPANY
                                                                             Medicaid Services (CMS)
  2.3                                                                        proposed a new Medicare
  REVENUE CYCLE                                                              Physician Fee Schedule (MPFS)
  MANAGEMENT:
  BENCHMARKING YOUR                                                          for 2013, that will reduce
  RADIOLOGY PRACTICE                                                         payments to radiologists by 4%
                                                                             and radiation oncologists by
  2.4                                                                        15%. The proposed cuts would
  PATIENT PROTECTION
  AND AFFORDABLE CARE                 be made to pay for a 7% increase in payments to family physicians and
  UPDATE                              a 3-5% increase to other primary care physicians.  In simple terms,
                                      decreases in payments for radiology services, equal increases in
                                      payments for others.

                                      Learn more about the proposed physician fee schedule here!


                                          Three Things Radiologists Should Look for
                                          in a Revenue Cycle Management Company

                                      The financial health of a radiology
                                      practice can be assessed by the level
                                      of overall reimbursement and the
                                      status of a practice’s accounts
                                      receivable. It is extremely difficult to
  F          I      R    T     Y
                                      continue to provide high quality
                                      patient care; if you are constantly
        (855) RING-HIS
        350 S. Northwest Highway      worried about the revenue cycle, and
        Suite 200                     how it may impact the practice's income and profitability levels.
        Park Ridge, IL 60068
                                           Learn more about the three key qualities to look for in a
        www.healthinfoservice.com
                                                 revenue cycle management company now!



HEALTHCARE INFORMATION SERVICES, L.L.C	                                                 www.healthinfoservice.com
AUGUST 2012




                  Revenue Cycle Management: Benchmarking
                          Your Radiology Practice

                                   Benchmarking is critical to financial success. When you benchmark your
                                   practice you are able to see where you are at, and where you would like
                                   to be, all the while improving your productivity and performance. What’s
                                   the hardest part of benchmarking your practice?


                                   Some would say just starting. How can you start benchmarking your
                                   practice?

   Read more about how you can begin benchmarking for your radiology practice!



           Patient Protection and Affordable Care Act Update

 It is pretty safe to say that by now you are all aware that the Supreme
 Court announced its decision on the constitutionality of the
 provisions detailed in the Patient Protection and Affordable Care Act
 (ACA), A.K.A “ ObamaCare”.

 And, like most healthcare professionals are probably asking, what
 does this mean for me? 

 Read more, to learn about the two substantive issues presented to the
 court and how it would effect you and your practice.

                                              Learn more now!


      Have Questions? We’re happy to help.
                        Healthcare Information Services (HIS)
                                                (855) RING-HIS
                                      350 S. Northwest Highway, Suite 200
                                              Park Ridge, IL 60068
                                          www.healthinfoservice.com

                                          F     I     R     T
                                                                     Y
HEALTHCARE INFORMATION SERVICES, L.L.C	                                               www.healthinfoservice.com

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August Radiology eNewsletter

  • 1. AUGUST 2012 Inside IN THIS ISSUE 1.1 2013 PROPOSED MEDICARE PHYSICIAN FEE SCHEDULE 1.2 2013 Proposed Medicare Physician THREE THINGS RADIOLOGISTS SHOULD Fee Schedule LOOK FOR IN A REVENUE CYCLE In recent weeks, the U.S. MANAGEMENT Centers for Medicare and COMPANY Medicaid Services (CMS) 2.3 proposed a new Medicare REVENUE CYCLE Physician Fee Schedule (MPFS) MANAGEMENT: BENCHMARKING YOUR for 2013, that will reduce RADIOLOGY PRACTICE payments to radiologists by 4% and radiation oncologists by 2.4 15%. The proposed cuts would PATIENT PROTECTION AND AFFORDABLE CARE be made to pay for a 7% increase in payments to family physicians and UPDATE a 3-5% increase to other primary care physicians.  In simple terms, decreases in payments for radiology services, equal increases in payments for others. Learn more about the proposed physician fee schedule here! Three Things Radiologists Should Look for in a Revenue Cycle Management Company The financial health of a radiology practice can be assessed by the level of overall reimbursement and the status of a practice’s accounts receivable. It is extremely difficult to F I R T Y continue to provide high quality patient care; if you are constantly (855) RING-HIS 350 S. Northwest Highway worried about the revenue cycle, and Suite 200 how it may impact the practice's income and profitability levels. Park Ridge, IL 60068 Learn more about the three key qualities to look for in a www.healthinfoservice.com revenue cycle management company now! HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com
  • 2. AUGUST 2012 Revenue Cycle Management: Benchmarking Your Radiology Practice Benchmarking is critical to financial success. When you benchmark your practice you are able to see where you are at, and where you would like to be, all the while improving your productivity and performance. What’s the hardest part of benchmarking your practice? Some would say just starting. How can you start benchmarking your practice? Read more about how you can begin benchmarking for your radiology practice! Patient Protection and Affordable Care Act Update It is pretty safe to say that by now you are all aware that the Supreme Court announced its decision on the constitutionality of the provisions detailed in the Patient Protection and Affordable Care Act (ACA), A.K.A “ ObamaCare”. And, like most healthcare professionals are probably asking, what does this mean for me?  Read more, to learn about the two substantive issues presented to the court and how it would effect you and your practice. Learn more now! Have Questions? We’re happy to help. Healthcare Information Services (HIS) (855) RING-HIS 350 S. Northwest Highway, Suite 200 Park Ridge, IL 60068 www.healthinfoservice.com F I R T Y HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com