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:Kassouf Healthcare Advisor shares patient experience tips in Business of Primary Care Podcast
Kassouf named accounting top regional leader
Kassouf team showcases healthcare know-how at Healthcare Leaders Association of Alabama Winter Conference
Watch on Demand: CARES Act and CMS Update
Kassouf Director Joni Wyatt, MHA, MHIA, CPHIMS discussed the importance of care coordination and how this affects patience experience in the Business of Primary Care Podcast. This three-part series is ... Read More
Kassouf was named a Top Regional Leader in Accounting Today’s annual ranking. The firm placed in the top 20 among Gulf Coast firms, including Alabama, Mississippi, Louisiana, and Florida. ... Read More
The Kassouf Healthcare Advisory Team connected with clients and colleagues at the Healthcare Leaders Association of Alabama Winter Conference March 6-8 at the Hyatt Regency Birmingham. This year's theme, Changes ... Read More
- CMS Proposed Changes to wRVU Values and Conversion Factor
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