Medicare MIPS – 5 Things You Need to Do Now

On February 15, 2017, in Medicare, by MoneyTree

This is a very brief summary of the new Medicare MIPS System. Please call us if you have more detailed questions or concerns. 1. Chiropractors ARE required to participate ONLY if they meet one of the following criteria: Medicare allowable charges for YOUR Tax ID Number are $30,000 or more * Allowable Codes = 98940,98941,98942 [...]

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Secondary, Supplement or Replacement?

On October 14, 2016, in Insurance Questions, Medicare, by MoneyTree

In the case of Medicare, we are frequently asked what the difference is between a secondary insurance policy and a supplemental insurance policy. Though there will always be an exception to the rule when it comes to insurance coverage, in general terms, below is an outline of each type and how they work. Medicare Supplements: [...]

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This Just In! CMS Finalizes the New Medicare Quality Payment Program

On October 14, 2016, in Medicare, by MoneyTree

National Government Services has announced that Medicare has finalized the Merit-Based Incentive Payment System (MIPS) and the Advanced Alternative Payment Model (APM) incentive payment provisions. Both are in regards to the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), collectively referred to as the Quality Payment Program. The announcement appears below. We’re already anticipating [...]

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Replacement Program for PQRS

On May 11, 2016, in Medicare, by MoneyTree

There is some news coming out from the Centers for Medicare and Medicaid Services (CMS) regarding upcoming changes that will impact PQRS and the attestation for EHR programs. It’s in times like these that we turn to Dr. Ron Short, ChiroMedicare and Heartland Consulting Group, for clarification. Below is an excerpt from his latest newsletter; [...]

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PQRS: Four Points of Clarification

On March 25, 2013, in Medicare, by MoneyTree

The Physician Quality Report System (PQRS) required start date of January 1, 2013 has come and gone and we are finding that not only have many offices not started PQRS, but most are still confused on some key points. If an effort to answer some of the questions we are being asked, and to clarify [...]

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Important Deadline for PQRS

On November 7, 2012, in Collections, Medicare, by MoneyTree

In talking with clients we’ve learned that many  have not taken any action regarding their PQRS (Physician Quality Reporting System) participation, others are mistaken in thinking they don’t need to take action until the 2015 deadline, and many aren’t familiar with the program at all. Here’s what you need to know…  In 2013 your performance [...]

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Medicare: PAR vs. Non-PAR

On September 19, 2012, in Medicare, by MoneyTree

Q. Is it possible to opt out of Medicare, and if so, how do I go about doing so? A. Time and again we’ll hear DC’s comment about their frustration with the Medicare system.  Many threaten to “opt out” (’cause you know, that will really show ‘em!).  Sorry Doc, as a chiropractor you can’t opt [...]

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Medicare Webinar Series

On April 10, 2012, in Medicare, Uncategorized, by MoneyTree

This area of our website is usually reserved for our “Ask the Expert” questions, however, we want to make everyone aware of a special virtual training opportunity…consider this the ultimate “Ask the Expert” experience for Medicare! Medicare changes, and the increased threat of audits, have many chiropractors understandably concerned.  Knowledge can represent power AND peace [...]

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What is going on with Medicare these days?

On January 16, 2012, in Medicare, by MoneyTree

Q. It’s all over Facebook and on the news.  What the heck is going on with Medicare these days? A. Oh yes, Medicare is in a bit of flux these day.  Congress voted just before Christmas to delay the Medicare Physician Fee Schedule (MPFS) cut until March 1. The stage is set for a repeat [...]

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Can seniors pre-pay for their chiropractic care?

On December 28, 2011, in Medicare, by MoneyTree

Q. Can seniors pre-pay for their chiropractic care? A. We get this question quite often and while many chiropractic coaches and practice management programs advise DC’s to collect fees for services weeks ahead of the actual service date, for your Medicare patients, this procedure is a problem. PLEASE BE AWARE: It is against the law [...]

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