How is your facility going to get this right? Today as healthcare providers, clinical staff and coders we are up against many challenges. With ICD-10-CM/PCS implementation just less than a year away there is urgency to get ready now to avoid lost reimbursement later. 5010 Testing is still continuing for many facilities and payers. Statistics … [Read More]
Archives for October 2013
CMS Implements CARC and RARC Updates
The Centers for Medicare and Medicaid Services (CMS) implemented updates to Claim Adjustment Reason Code (CARC) and Remittance Advice Remark Code (RARC) lists on October 7, 2013. Per Medicare policy, CARCs and RARCs that provide either supplemental explanation for a payment adjustment or policy information that generally applies to the payment adjustment are required in … [Read More]
Congratulations to Marietta Memorial Hospital for Achieving One Million Dollars in Cash and Net Revenue!
Marietta Memorial Hospital, part of the Memorial Health System, celebrates achieving over one million dollars in retained cash and net revenue. The facility reached this goal just two months after CentraMed completed the training and implementation of a new Revenue Integrity Department at Marietta Memorial Hospital in Marietta, Ohio. In addition to the new Revenue … [Read More]
CentraMed’s Newest Revenue Integrity Department Reaches Million Dollar Milestone
Congratulations to Marietta Memorial Hospital for achieving one million dollars in cash and net revenue within their second month! To celebrate Marietta Memorial Hospital becoming a member of CentraMed’s Million Dollar Club, the RID team’s picture will be placed on CentraMed’s Million Dollar Wall in Carlsbad next to all the other Revenue Management/Integrity Departments who … [Read More]
