Get Ready for 2014 Healthcare Changes

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Infographic highlighting upcoming 2014 changes for healthcare and medical billing.

Transcript of Get Ready for 2014 Healthcare Changes

Page 1: Get Ready for 2014 Healthcare Changes

Get Ready for 2014 Healthcare Changes

Out With the Old and in With the New!

April 1 CMS will require use of the updated 1500 form (version 02/12).

October 1 marks the long-awaited ICD-10 mandatory compliance date.

To Earn Stage II Meaningful Use Payment Incentives:

Report on

only one 3 month period

Report by October

1st. deadline

Receive $12,000

Receive $21,250 Medicaid

Medicare

Non-compliant: Risk 1-2%

penalty in 2015!

Payers must offer ERA/EFT and follow standardized remittance codes!

PCP’s will be reimbursed at

100% of Medicare rates for Medicaid

patients.

Published by Medical Business Systems www.iridiumsuite.com