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The Centers for Medicare and Medicaid (CMS) reported an update last week to the proposed implementation of the Medicare Access and CHIP Reauthorization Act (MACRA) offering physicians 4 different approaches to implement MACRA in their practices.

Health care providers are utilizing electronic health records (EHR) and as the transition from paper medical records to EHR continues, payers and auditors are noticing a problem with these records: cloning. Medicare will not reimburse services when it deems the documentation is cloned.

Proposed Changes to the Medicare Physician Fee Schedule for 2015. This initiative could have a profound effect on Medicare reimbursement and billing procedures for surgeons and their staff. CMS issued a proposed rule that would update payment policies and rates for services including the following.

Don't delay the beneficial operating efficiencies that are related to the ICD-10 implementation. A goal of ICD-10 implementation has been to improve documentation to better support the increased specificity of the ICD-10 diagnosis codes. Compliance will increase billing accuracy.

Medicare Administrative Contractors have started sending letters to providers, listing all owners who require fingerprinting. Failure to respond could result in either revocation of Medicare billing privileges or denial of Medicare enrollment applications.

The Affordable Care Act established a requirement for all enrolled providers and suppliers to revalidate their Medicare enrollment information under new enrollment screening criteria. This applies to those providers and suppliers that were enrolled in Medicare prior to March 25, 2011.

With the deadline for eligible professionals to attest to the meaningful use EHR Incentive Program rapidly approaching, attention has been turned to the CMS attestation website. However, there is an issue with the current CMS website used to report.

The goal of the Transforming Clinical Practice Initiative is to create and support networks developed to help physicians have timely access to health information and result in improved health outcomes. Find out more about the Transforming Clinical Practice Initiative.

The OIG has identified continued abuse of modifier 59, Distinct Procedural Service. The Centers for Medicare and Medicaid Services indicate that new Healthcare Common Procedure Coding System (HCPCS) modifiers are considered subsets of modifier 59.

The Centers for Medicare and Medicaid Services sent letters to group practices and eligible professionals who did not satisfactorily report PQRS quality data measures in 2013 and will receive a negative 1.5% payment adjustment on their Medicare Part B payments.

At the EisnerAmper Long Island Business Summit, Alan Wink moderated a lively, fast-moving discussion on capital formation strategies influencing both organic growth, growth by proximity, and what is driving the Long Island economy.

As Mark Meinberg interviewed the Beechwood Organization’s Steven Dubb at EisnerAmper’s 2018 Long Island Business Summit, he noted the difficulties of succession planning as family businesses transition to the next generation.

A networking event through WEDLI (the Women’s Economic Development of Long Island, a not-for-profit organization whose goals are to foster economic development on Long Island) featured subject matter of great concern - the LIRR Third Track proposal.

Jon Ledecky closed out the Long Island Business Summit with a few motivational ideas, reminding everyone to be 1,000% in tune and in touch with their communities as well as how everyone will remember their legacy, not the person.

More than 1,000 Long Island business people gathered for the annual Long Island Association Fall Luncheon. The luncheon featured a conversation between LIA President and CEO Kevin Law and former Secretary of State, General Colin L. Powell.

The Women’s Collaborative had an event called Leading & Managing in a Changing Workplace at their headquarters in Melville. Bernadine (Bernie) Han, Vice President of News & Local Programming at Time Warner Cable Inc., was the keynote speaker.

A behind-the-scenes chat with former Shark Tank contestant Patrick Ambron. Patrick is the co-founder and CEO of BrandYourself.com, an organization that has developed software that helps people improve their own personal search results.

First Long Island Investors, LLC hosted a breakfast discussion with Meena Bose, Executive Dean for Public Policy and Public Service Programs, Peter S. Kalikow School of Government, Public Policy and International Affairs at Hofstra University.

An attorney’s financial well-being depends on maximizing their career earnings, investing wisely, and protecting their assets.

The NJ Manufacturers Voucher Program provides the state’s manufacturers with funding of up to $250,000 to access the equipment they need to grow operations, increase profits and enter emerging industries