Healthcare Finance News May 7, 2020
AHIP and HFMA expect to issue voluntary billing guidance for outpatient services soon.
America’s Health Insurance Plans and the Healthcare Financial Management Association are together offering voluntary guidance for how providers should code and bill COVID-19 care delivered in alternate inpatient settings.
Alternate care sites have been essential to health systems during the COVID-19 pandemic, from the use of ambulatory surgical centers to rehabilitation facilities, parking lots and convention centers.
New diagnosis and billing codes have been introduced to capture this activity and ensure proper payment. But clinicians and insurers are struggling to keep up
WHY THIS MATTERS
By adopting coding practices agreed upon by insurers, health systems can get paid faster. The system also improves accuracy to reduce administrative...
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