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5010 Enforcement – Are You Ready? Kareo Is!

February 2nd, 2012 by Kathy McCoy

If you’re using Kareo, you are ready for 5010 as long as you’ve taken some key stepsEven though the MGMA has called today for an extension of the 5010 enforcement delay to June 30, 2012, we recommend that you be ready now since many payers are requiring use of 5010. Unless HHS decides to accept the MGMA’s recommendation, enforcement of 5010 will start on schedule on April 1.  And if you’re using Kareo, you are ready as long as you’ve taken some key steps.

Unlike traditional medical billing software, Kareo’s cloud-based technology allows for rapid updates to comply with industry changes – like 5010 – with little or no impact on the customer experience. Most of the changes have already taken place behind the scenes. However, there are a few things Kareo customers should have done to ensure their claims are process smoothly. If you haven’t already, check to make sure the items below have been updated in your Kareo accounts:

  • Update 5 digit zip codes to the full 9 digit zip codes.
  • Add physical addresses to replace PO Boxes.
  • Enter a new “Pay to Address” if you currently receive payments at a PO Box or a lockbox.

Please review the Kareo 5010 Compliance Checklist for detailed instructions and the Getting Ready for 5010 blog post for training videos on how to make updates to the three areas mentioned above.

A few questions on 5010 that we’ve received through our blog include:

Q: Does the 9 digit zip code also need the slash after the 5th digit before inputting the last 4 digits and do all of the insurance companies have to have physical address’s rather than PO Box’s?

A: Here is what our 5010 expert advises:
Customers can include the dash but it is not required for the claim to process. Insurance company plan addresses can be a P.O. Box, also the 9 digit zip code requirement is not required for Insurance company addresses or Patient addresses

Q: Do I need to update patient’s address to 9-digit zip codes too?

A: The patient’s addresses do not have to be 9 digits.

Q: Am I correct in my understanding that I do not need to update my zip codes for all my insurance companies?

A: Zip codes for the insurance plans or companies do not have to be 9 digits.

Q: Do I need to change all patient PO box address to a physical address?

A: No, patient addresses are not affected by any 5010 changes.

Q: Will the system eventually populate all zip codes with the 4 digit codes?

A: We are currently doing that right now only for Service Location addresses, Practice Information Addresses, and Provider Addresses. If you don’t see a 9 digit zip in those areas, then our system could not match the zip code with a valid address on file so you would have to manually update in those situations.

Q: It says no PO Boxes. Is that for place of service or does it mean mailing/billing address for providers. We live in a very rural area and only have delivery AT the PO.

A: You cannot have PO Box addresses for Providers in the following areas: Provider Addresses and Practice Information addresses. If you have a PO Box for a location you wish to receive payments to, you must use the new Pay to Provider areas in the Provider records.

Q: Just to clarify: We only get mail at our PO Box. From my understanding I go to each provider and enable pay to address. Do I enter the name of the provider to go with the address or do I use our business name for the name?

A: Customer Support advises that you would have to call the payer if you are not sure. Typically, this would be the same as whatever name you were sending as the Billing Provider.

Q: We just noticed that in the Claims Setting section, under the Override EIN? option, there now appears an option that says Enable Pay to Address. Do we need to check off and complete this option? We’ve watched all the 3 parts of the video series and have made the required updates but this was not mentioned and it does not appear in any of the videos.

A: Under Claim Settings overrides, the “Enable Pay-To Address” is a global setting for Pay to Address, meaning that by default all Payers will have the Pay to Address included. Do not check this box unless you want all Payers to have the same Pay to Address. Pay to Address is per provider. On page 3 of our Kareo 5010 Compliance checklist, it discusses when to use the Pay to Address and how to configure it.

Routine customer communications will keep you up-to-date with our 5010/ICD-10 progress. We encourage customers to ensure they are thinking ahead to the bigger ICD-10 transition by October 1, 2013.

If you have additional questions, please feel free to contact us at Support@Kareo.com, via the Comments section of this blog, or on our Facebook page.

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Learn the Latest in Medical Billing with Our December Newsletter

December 15th, 2011 by Kathy McCoy

Kareo recently released the December issue of our monthly e-newsletter, Getting Paid, and it featured a variety of articles you will want to review in order to improve your medical billing results. Also, be sure to subscribe to the newsletter so you receive it in your inbox automatically. The articles featured included:

Latest from Kareo 

CPT Changes for 2012: An Overview

By Betsy Nicoletti, M.S., CPC

Betsy Nicoletti reviews key CPT code changes for 2012Isn’t getting a new CPT book a little like a birthday present?  The excitement of unwrapping it, the suspense about what’s inside.  A new CPT book may not be as much fun as a new video game or as intriguing as a jewelry box, but coders eagerly anticipate it. A listing of code changes for the year can be found… Read More

Complimentary Webinar – Getting Paid in 2012: What You Need to Know Now to Make it Happen

Thursday, December 15, 2011
10:00 AM – 11:00 AM PST
Speaker: Elizabeth Woodcock, MBA, FACMPE, CPC

Learn how to navigate compliance and other medical billing challenges for 2012 with Elizabeth WoodcockThe 2012 reimbursement environment isn’t just about fee schedules. New incentives, new coding rules and more are headed your way – and fast. National speaker, trainer and author Elizabeth Woodcock, MBA, FACMPE, CPC, will give you the practical tips and realistic strategies you can put into play now.

After attending this session, you will be able to:
• Identify the major changes in CPT codes in 2012 and how they will affect your practice
• List the critical points in Medicare physician reimbursement for 2012
• Describe the government’s incentive plans – and penalties – for 2012
• Summarize the trends in private insurance most likely to impact physician reimbursement in 2012

Register Now!

 

ICD-10 Training Camp: ICD-10-CM Changes You Can’t Afford To Miss!

By Nancy Maguire, ACS, PCS, FCS, HCS-D, CRT

The purpose of this article is to highlight several changes in the ICD-10 code structure and the rules that could be missed when learning this new system. Be aware of the following changes (Part 1)… Read More

Best Practices: Strategic Planning for Medical Practices – A Means to an End

By Judy Capko

It is easy to understand why many physicians aren’t particularly interested in strategic planning. It seems they have enough on their minds just trying to keep the practice on firm ground today. In my opinion, they are missing out on a powerful opportunity to protect and guide their future… Read More

4 Steps to Get the Most from Your EHR Effort

By Ron Sterling

Many EHR implementations have failed to meet practice expectations and, in the worst cases, have damaged the practice. EHR implementations by necessity will impact every process and activity in the practice. In order to set the stage for EHR success, practices need to… Read More

Kareo Medical Billing Software Demo: How to Streamline Your Medical Billing

Tuesday, December 20, 2011

Learn how Kareo medical billing software will make medical billing easy for you as you improve your profitability. You’ll hear how you can reduce your cost of ownership by eliminating costly software and upgrades, keep things from falling through the cracks with an easy-to-use “To Do List,” and more…

Register Now!

Case Study

“I wish I’d had Kareo when I started my practice. It was definitely the right decision.”

Chester Minarcik, MD, Child Neurology Services of South New Jersey

Chester Minarcik, MD, says Kareo medical billing software was definitely the right decision for his practice“Our office had not changed its accounting and medical billing procedures since it opened in 1992,” recounts Chester Minarcik, MD. “While we did have computerized billing, we didn’t have electronic claims submission… Read More

Case Study

“I have been a satisfied Kareo client for five years. Selecting Kareo was one of our best business decisions.”

Dan Milosevic, Medical Billing and Consulting Services

Dan Milosevic has been a satisfied user of Kareo medical billing software for five yearsAfter starting Medical Billing and Consulting Services in Houston, TX,  Dan Milosevic was so effective — he doubled his client’s monthly revenue — that his client began talking about him to other practitioners. That was when Dan decided… Read More

Billing Tip of the Month

Using Kareo to Prepare Accounts for Collections

Tammy Chidester, CPC, CPMA, CEMC, PCS, Mera Consulting

Kareo helps me manage my accounts that I am preparing for collections. These are the steps I use: Under Settings > Other Lists > New/Find Collection Category, add the verbiage that you want to print on the statement… Read More

Top News and Ideas from Industry

Super Committee Gone, 27% Medicare Pay Cut Threat Remains

Charles Fiegl, Amednews, Dec. 5, 2011

The failure of the congressional debt panel leaves the 2012 SGR cut unresolved and threatens physicians with additional pay reductions starting in 2013. Lawmakers again find themselves with less than a month to pass legislation to stop a steep decrease in Medicare payments… Read More

New CMS Demonstration Projects Crack Down on Improper Payments, Conduct Prepayment Reviews

AAPC News, Dec. 2, 2011

Beginning Jan. 1, 2012, the Centers for Medicare & Medicaid Services (CMS) will begin three demonstration projects aimed at eliminating Medicare fraud, waste, and abuse. The first of these, the Recovery Audit Prepayment Review, will allow Medicare recovery audit contractors (RACs) to review claims that historically result in high rates of improper payments before they are paid… Read More

Practices Get More Time to Switch to HIPAA 5010

Emily Berry, Amednews, Dec. 12, 2011

Physicians and health plans have a kind of grace period for the first three months of 2012 before they must comply with new HIPAA Version 5010 claims transaction standards. The deadline for the electronic claims format remains unchanged, but the threat of losing Medicare payments for noncompliance is delayed… Read More

New CMS Program to Assist Physician ID Theft Victims

Charles Fiegl, Amednews, Dec. 5, 2011

The remediation initiative will offer a doctor relief if personal and professional information are used to defraud Medicare or Medicaid. The Centers for Medicare & Medicaid Services has created the provider victim validation/remediation… Read More

3% Tax Withholding on Medicare Pay Repealed

David Glendinning, Amednews, Nov. 28, 2011

The IRS regulation was designed to target delinquent government contractors but would have affected some Medicare physician payments… Read More

Dec. 21 Nat’l Provider Call to Discuss Payment, Risk

AAPC News, Dec. 6, 2011

The Centers for Medicare & Medicaid Services (CMS) will hold a National Provider Call to discuss changes to the Medicare Physician Fee Schedule’s (MPFS) Physician Feedback Program and the value-based payment modifier (Value Modifier) for calendar year 2012… Read More

Make Sure the Way You Use an EMR Doesn’t Unwittingly Look Like Fraud

Pamela Lewis Dolan, Amednews, Nov. 21, 2011

Physicians might not realize it, but how they and their staffs use an electronic medical record system could open themselves up to accusations of fraud or misrepresentation… Read More

Anticipated CMS/ONC Regulations for 2012

HIMSS News, Dec. 9, 2011

Several Notices of Proposed Rulemaking (NPRMs) are anticipated to come from CMS and ONC this winter. This chart outlines the regulations that are currently anticipated, the agency from which they will be administered, and the date for which public comments are due to the government. Also included is the anticipated timeframe for release of final rules… Read More

Medicare Now Covers Heart Disease, Obesity Screening, Expands Telehealth Services

Charles Fiegl, Amednews, Nov. 23, 2011

The Medicare program has expanded its coverage policy manual to include annual visits that screen for hypertension and prevent cardiovascular disease, covering office visits with primary care physicians to discuss how to prevent heart disease… Read More

AAPC News, Dec. 2, 2011

Medicare is adding coverage for preventive services to reduce obesity. Screening for obesity and counseling for eligible patients by primary care providers in settings such as physicians’ offices are covered under this new benefit… Read More

AAPC News, Dec. 2, 2011

Physicians and their patients are embracing web-based health solutions at a rapid rate, according to CNBC.com. In keeping with the times, Medicare will cover smoking cessation services in 2012, including those furnished remotely… Read More

CMS Issues Final Rule on Use of Medicare Claims to Assess Providers’ Performance

Jaimie Oh, Becker’s ASC Review, Dec. 6, 2011

The Centers for Medicare and Medicaid Services has issued a final rule that allows for the release and use of standardized extracts of Medicare claims data for qualified entities to measure the performance of providers of services and suppliers… Read More

Efficient Claims Handling: A Gift That Keeps On Giving

Amednews Editorial, Nov. 14, 2011

The American Medical Association wants more physicians to give themselves the gift of an improved, streamlined insurance claims process. Physician practices can take advantage of electronic claims processing to lower costs, save time and minimize headaches… Read More

Revenues Down? Examine Your Contract Prices

Rob Saunders, ScrubsandSuits.com, Dec. 8, 2011

Over the years, I mostly dismissed the claims of falling reimbursement because they did not accurately depict market conditions. Instead, we have seen minor fluctuations in reimbursement rates, which often averaged out to equal reimbursement stagnation. Now, however, things have changed. And it’s time for everyone to pay attention. Here’s a list of 12 points to pay attention to… Read More
  

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Read More | No Comments | Filed in Company, Features, General, HIPAA

Medical Billing Software Update: 5010 Checklist Available for Kareo Customers

December 8th, 2011 by Kathy McCoy

Kareo customers should make this change to their patient statements specs for 5010 complianceKareo is committed to keeping you up to date on compliance with 5010 to insure your revenue flow is not interrupted on Jan. 1, 2012. So, since we’ve received some questions about what changes Kareo customers need to make to their accounts, we’ve compiled an updated checklist you can use to insure you are ready to get paid after 5010 kicks in. You can also review all the information you need on 5010 on our site: what it is, what it means to your practice, what do Kareo customers need to do, and more.

Kareo customers should review the 5010 Compliance Checklist to ensure uninterrupted revenue flow after Jan. 1, 2012The updated information on the checklist is relating to Patient Statements:

Patient Statements: If your remit-to address is a PO Box, you will need to make two adjustments which ensure that your PO Box remit-to address is the one that appears on patient statements. First, under Practice Information, enter the PO Box address under either the “Administrator” or “Billing Contact” section. Next, under Patient Statement Options, select the appropriate “Remit Address” (whichever contact has the PO Box address you entered in the previous step).

Please be sure to make this change as soon as possible. For more information, you can also review Getting Ready for 5010 – Settings You Should Know, a recent post with video on this blog. If you have questions about 5010 and what you need to do to be ready, please feel free to write us in the Comments section on this blog, or on our Facebook page.

Read More | No Comments | Filed in General, HIPAA

Medical Billing Software Update: Making the 5010 Transition Successful

November 30th, 2011 by Kathy McCoy

Kareo continues to work toward making the transition to HIPAA 5010 as easy as possible for you.

 

Kareo continues to work toward making the 5010 transition as easy as possible for you and your practice. So, we have some new information to share with you.

Update from CMS on 5010

Recently, CMS (Centers for Medicare and Medicaid Services) announced that they will delay the enforcement of 5010 compliance by 90 days. Notice the key word “enforcement.” Though enforcement will be delayed, it is highly likely many payers will continue toward being “compliant” with 5010 format change beginning in January.

Kareo is continuing testing and making any needed changes for January compliance deadline. We urge you and your practices to do the same. Here is a link directly to the CMS announcement if you wish to read it.

Update from Kareo’s Recent Release

To accommodate several payers across the country already mandating 5010 electronic claims, we made a few minor changes that you will notice right now within Kareo. Though most changes are behind the scenes, you will notice a new “Pay to Address” field in Kareo. This field allows you to include a PO Box or Lockbox address where you have your payments from insurance companies sent.

Please review more detailed instructions for using this field in the full release notes and the 5010 Compliance Checklist found on the Kareo support page.

Updates You Can Make Right Now within Your Kareo Account

Independent of “enforcement” or “compliance” deadlines, there are a few things you need to do within your Kareo account as soon as possible.

  • Update 5 digit zip codes to the full 9 digit zip codes.
  • Add physical addresses to replace PO Boxes.
  • Enter a new “Pay to Address” if you currently receive payments at a PO Box or a lockbox.

The 5010 Compliance Checklist and new 5010 training videos are accessible online through this blog.

You can read more about 5010 and how Kareo is preparing for it on our website.

At Kareo, we continue working hard to make medical billing easy for you. Customer feedback drives our service and ensures we build the features that matter most to people like you, so your input is critical to us. Please email your suggestions, challenges and ideas for our next release to features@kareo.com.

Read More | 1 Comment | Filed in Features, HIPAA

View a Complimentary Recorded Webinar – Medical Billing Software Update: How to Prepare for ICD-10/5010 to Reduce F41.1 (Anxiety Reaction)

April 21st, 2011 by Kathy McCoy

Did you miss our complimentary live webinar today on preparing for the ICD-10-CM/5010 transition? No problem – you can watch the recording at your convenience.

Learn how to make the transition to ICD-10 smooth and keep your medical billing on track in this recorded webinarIf you’ve heard about the need to prepare for the transition to ICD-10/5010, but are not sure where to start, or if you’ve started but are not sure you’re on the right track, join us for this practical webinar.

Nancy Maguire, ACS, PCS, HCS-D, author of the Nancy Maguire GPS to ICD-10-CM Planning and Implementation Guide and leading expert on ICD-10, will walk you through steps for making a smooth transition.

View Now to Learn:

  • How do we develop a plan of action?
  • Who should we involve in the transition?
  • What are the differences between ICD-9 and ICD-10?
  • What are the deadlines and how does this impact our practice?
  • And much more

View the webinar now

Download the handout now

Who Will Benefit
Private practice owners, office managers, billing managers, billers, billing service owners and others concerned about the transition to ICD-10-CM and 5010 will benefit from this informative session.

About Your Speaker
Nancy Maguire, an expert on coding and ICD-10, will teach you how to make the transition to ICD-10 smooth and keep your medical billing on trackNancy Maguire, ACS, PCS, HCS-D
, is the author of the Nancy Maguire GPS to ICD-10-CM Planning and Implementation Guide, and is a nationally-renowned procedural and diagnostic coding instructor, boot camp trainer, and workshop leader. She is a highly-talented presenter who uses her knowledge and humor to reinforce the philosophy that coding can be fun! She has spent more than 30 years as a hands-on coder and has authored countless coding articles and presentations. In her expansive career, she has transitioned from nursing, to coding, to practice management, auditing and consulting. Nancy served as Director of Coding and Reimbursement at UTMB in Galveston Texas for four years. She served the first two terms as president of AAPC in the early 1990s. Her expert guidance is guaranteed to help medical office professionals make the best decisions in their everyday jobs and a positive impact on their career.

View the webinar now

Read More | No Comments | Filed in Events, HIPAA

About This Blog

Welcome to Building Kareo, a weblog by the team at Kareo about our products, our partners & competitors, medical billing, healthcare information technology, and much more.

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