It is the time of year for providers to review and identify critical coding and pricing updates that will need to be made to their CDMs (Charge Description Master) for the upcoming year. The new CPT and HCPCS manuals have been released and hundreds of code and payment changes will become effective on January 1, 2018. It is crucial for every organization’s financial and compliance success to ensure these changes are identified and implemented accurately within the CDM in a timely manner.
You should have a comprehensive CDM review at least annually. Failure to properly review and update your CDM in conjunction with the significant annual coding and reimbursement changes can lead not only to a loss in revenue but dramatic increases in denials and compliance risk.
We have a team of experts that includes certified coders, physicians, consultants Certified in Healthcare Compliance and statisticians that are available to provide expert assistance with your revenue cycle and compliance needs.