As the COVID-19 Public Health Emergency continues through 2020, CMS has recently updated guidelines for post-payment reporting, E&M CPT coding, and Medicare Physician Fee Schedules. CARES Act Provider Relief Funding – Post-Payment Reporting and Auditing Requirements Since April 2020, the CARES Act Provider Relief Fund has provided distributions from the General and Targeted funds to healthcare entities. Within the Terms & Conditions, recipients receiving more than $10,000 have agreed to participate in post-payment reporting processes. The deadlines and reporting requirements have been in development throughout the distribution periods. The most recent guidance was published on September 19, 2020 and outlines the data elements that must be gathered and submitted. We will outline recent guidance on reporting coronavirus-related expenses, lost revenues, other financial assistance and non-financial data and deadlines for submission. Proposed 2021 E&M Changes to the Medicare Physician Fee Schedule In August 2020, CMS released proposed 2021 changes to the Evaluation and Management (E&M) CPT codes on the Medicare Physician Fee Schedule. The proposed changes include both a shift in wRVU values and a reduction in the conversion factor. If approved, these changes would go into effect on January 1, 2021. While they are not finalized, they are significant enough to warrant an evaluation of the potential impact on reported provider productivity and reimbursement. We will briefly review the main proposed 2021 Evaluation & Management changes and will also discuss potential impacts to practice reimbursement and physician compensation models. Presenting Experts:National CPA organization highlights Kassouf’s employee engagement strategy
Kassouf director named one of the nation’s best financial planners
Accounting Today names Kassouf a 2024 Best Firm to Work For
Watch on Demand: CARES Act and CMS Update
CPAmerica, a national business alliance connecting 90 CPA firms across 45 states, featured Kassouf in the December issue of CPAmerica Advantage. Manager Bridget O'Neal, CPA chairs the firm's Employee Engagement ... Read More
Kassouf & Co., Inc. and Kassouf Wealth Advisors Director Gerard Kassouf was recently named one of Money’s Best Financial Planners in their 2024 list. In partnership with the Financial Planning ... Read More
Accounting Today named Kassouf a Best Firm to Work for in their 2024 list, honoring the top 100 public accounting firms to work for in the nation. The data is ... Read More
- CMS Proposed Changes to wRVU Values and Conversion Factor
- Kassouf Named One Of 2020’s Best Firms For Women