Managing Your Practice in Challenging Times
Richard W. Waguespack, MD, Brendan C. Stack Jr., MD, Co-chairs, Core Otolaryngology and Practice Management Education Committee For a practicing physician, keeping up-to-date is a challenge in today’s marketplace. The AAO-HNSF-sponsored Coding and Reimbursement Workshops are designed to show you the “must have” information you need in order to stay organized and on track. By attending one of these Friday-Saturday workshops, you will be better prepared to understand the important practice management issues you will face in 2012. These workshops, presented by Karen Zupko and Associates, will assist you in increasing revenue, decreasing your practice expenses, and reducing your audit risk. You will learn specific actions to better manage your practice by attending a Coding and Reimbursement Workshop this year. Through the Friday session, “Profitable Practice Management,” you will learn how to optimize the business operations of your practice at every level. You will leave the course with a clear plan on how to reduce expenses, optimize business operations, and improve profitability. Office Staff Issues? The recruitment of new office staff members is a time-consuming and challenging process. Make sure you recruit the right staff to do the right job at the right time in the revenue cycle process. The revenue cycle process and necessary tasks are more complex than ever these days. Using automation and technology to its fullest can help you and your staff become more efficient. Working Harder, Earning Less? Monitoring your practice’s financial health need not be a full-time job. Running reports, analyzing the results, and operationalizing necessary corrective actions are all part of practice management. The Friday workshop simplifies the financial indicators a busy otolaryngologist needs to review in detail. All physicians agree that it is important to optimize revenue and minimize expense. But are you confident that you are doing just that in your practice? More than 25 expense reduction tips will be presented. The Saturday session, “Mastering ENT Coding,” will help you take a comprehensive look at how to code the full array of ENT services. You will leave with a solid understanding of what modifiers to use, what code combinations to appeal when denied, and more. What’s New in Coding in 2012? Interestingly, many workshop attendees find the most useful information isn’t necessarily new. For example, at least five practices learned at the most recent workshop that they were incorrectly billing audiology services to Medicare under the physician’s name. Another identified item is the revised CPT code 69801 (Labyrinthotomy, with perfusion of vestibuloactive drug(s); transcanal)—you are probably already familiar with the descriptor revision that occurred in 2011. But did you know that Medicare changed the postoperative global period for this code to zero days? And, the relative value units (RVUs) were reduced as well, so consider reducing your fee accordingly. Medicare Recovery Audit Contractor (RAC) audits are common in otolaryngology. Use and misuse of modifiers 24, 25, and 57 are triggering record reviews and paybacks. Use of high-level E&M codes, such as 99204, 99205, 99214, and 99215, are also audit targets. There often is not a medical need for these high level codes. One Medicare carrier has even noted the presence of much “clinically useless information” in its review of these high-level codes. AAO-HNSF offers you an excellent opportunity to master the nuances of improving your practice management through these eight regional coding and reimbursement workshops taking place throughout the year. The workshops help you run better business systems and provide a comprehensive look at coding the full array of ENT services. Join us for fast-paced education that improves your know-how. You will leave smarter so “working harder” is a choice, not a business necessity. Additional courses this year include: Chicago, IL, April 27-28; Nashville, TN, August 17-18; Baltimore, MD, September 21-22; Costa Mesa, CA, October 26-27; and Chicago, IL, Nov. 16-17. For more information, visit http://www.entnet.org/conferencesandevents/codingworkshops.cfm. Enroll three or more people and save 10 percent on paid registrations. Save even more when you put everything you learn to work in your practice. If the physician is an AAO-HNSF member, all practice employees may attend at the member rate. Sign up today for education that will keep your practice on the leading edge. What Attendees Say about the AAO-HNSF Coding and Reimbursement Workshops:“The workshops were very informative and easy to follow; they also provided great reference materials.” “This year’s workshop was ‘spot-on,’ addressing smaller practices and their struggle to survive.” “I always feel these workshops are rejuvenating and inspiring where I always learn new information or a new way of looking at an existing problem.” “The workshops provided very useful tips and the interactions with other attendees is very helpful.” “I get enough ideas from the course every year to pay for it in the first month after I return to the office.” “These workshops are always useful and help our practice to increase revenue and decrease coding errors. The course more than pays for itself.”
Richard W. Waguespack, MD, Brendan C. Stack Jr., MD, Co-chairs, Core Otolaryngology and Practice Management Education Committee
For a practicing physician, keeping up-to-date is a challenge in today’s marketplace. The AAO-HNSF-sponsored Coding and Reimbursement Workshops are designed to show you the “must have” information you need in order to stay organized and on track. By attending one of these Friday-Saturday workshops, you will be better prepared to understand the important practice management issues you will face in 2012.
These workshops, presented by Karen Zupko and Associates, will assist you in increasing revenue, decreasing your practice expenses, and reducing your audit risk. You will learn specific actions to better manage your practice by attending a Coding and Reimbursement Workshop this year.
Through the Friday session, “Profitable Practice Management,” you will learn how to optimize the business operations of your practice at every level. You will leave the course with a clear plan on how to reduce expenses, optimize business operations, and improve profitability.
Office Staff Issues?
The recruitment of new office staff members is a time-consuming and challenging process. Make sure you recruit the right staff to do the right job at the right time in the revenue cycle process. The revenue cycle process and necessary tasks are more complex than ever these days. Using automation and technology to its fullest can help you and your staff become more efficient.
Working Harder, Earning Less?
Monitoring your practice’s financial health need not be a full-time job. Running reports, analyzing the results, and operationalizing necessary corrective actions are all part of practice management. The Friday workshop simplifies the financial indicators a busy otolaryngologist needs to review in detail. All physicians agree that it is important to optimize revenue and minimize expense. But are you confident that you are doing just that in your practice? More than 25 expense reduction tips will be presented.
The Saturday session, “Mastering ENT Coding,” will help you take a comprehensive look at how to code the full array of ENT services. You will leave with a solid understanding of what modifiers to use, what code combinations to appeal when denied, and more.
What’s New in Coding in 2012?
Interestingly, many workshop attendees find the most useful information isn’t necessarily new. For example, at least five practices learned at the most recent workshop that they were incorrectly billing audiology services to Medicare under the physician’s name.
Another identified item is the revised CPT code 69801 (Labyrinthotomy, with perfusion of vestibuloactive drug(s); transcanal)—you are probably already familiar with the descriptor revision that occurred in 2011. But did you know that Medicare changed the postoperative global period for this code to zero days? And, the relative value units (RVUs) were reduced as well, so consider reducing your fee accordingly.
Medicare Recovery Audit Contractor (RAC) audits are common in otolaryngology. Use and misuse of modifiers 24, 25, and 57 are triggering record reviews and paybacks.
Use of high-level E&M codes, such as 99204, 99205, 99214, and 99215, are also audit targets. There often is not a medical need for these high level codes. One Medicare carrier has even noted the presence of much “clinically useless information” in its review of these high-level codes.
AAO-HNSF offers you an excellent opportunity to master the nuances of improving your practice management through these eight regional coding and reimbursement workshops taking place throughout the year. The workshops help you run better business systems and provide a comprehensive look at coding the full array of ENT services. Join us for fast-paced education that improves your know-how. You will leave smarter so “working harder” is a choice, not a business necessity.
Additional courses this year include: Chicago, IL, April 27-28; Nashville, TN, August 17-18; Baltimore, MD, September 21-22; Costa Mesa, CA, October 26-27; and Chicago, IL, Nov. 16-17. For more information, visit http://www.entnet.org/conferencesandevents/codingworkshops.cfm.
Enroll three or more people and save 10 percent on paid registrations. Save even more when you put everything you learn to work in your practice. If the physician is an AAO-HNSF member, all practice employees may attend at the member rate. Sign up today for education that will keep your practice on the leading edge.
What Attendees Say about the AAO-HNSF Coding and Reimbursement Workshops:“The workshops were very informative and easy to follow; they also provided great reference materials.”
“This year’s workshop was ‘spot-on,’ addressing smaller practices and their struggle to survive.”
“I always feel these workshops are rejuvenating and inspiring where I always learn new information or a new way of looking at an existing problem.”
“The workshops provided very useful tips and the interactions with other attendees is very helpful.”
“I get enough ideas from the course every year to pay for it in the first month after I return to the office.”
“These workshops are always useful and help our practice to increase revenue and decrease coding errors. The course more than pays for itself.”