Thursday, March 26, 2015

SSA Disability Benefits: Eligibility of Children



SSA disability benefits are often perceived to be “for adults only” because one must have worked for a certain number of years before they become eligible for SSA disability benefits. What many people do not realize is that the SSA does provide disability benefits to children.

Of course, the guidelines that establish a child’s eligibility for disability benefits are just as strict. Be sure to review and understand these guidelines carefully before you help the parents of young patients apply for social security disability benefits for children:

Thursday, March 19, 2015

Social Security Disability Insurance

American citizens who have notable disabilities that hinder them from pursuing proper employment have the right to apply for Social Security Disability Insurance (SSDI). This government project offers financial support and assistance to people who pass the medical criteria specifically created for the program. Application for the program would entail submission of several requirements that will serve as evidence for the individual’s disability and medical condition.

Wednesday, March 18, 2015

Learn About New Health Insurance Marketplace Coverage Options for 2015


Today, new health insurance Marketplace coverage options offer more opportunities for everyone to find affordable plans that suit their needs and budget. According to Walsh in his article on The Tennessean, “Most insurance plans are now required to cover common-sense benefits, like annual visits to your doctor, prescription medications, hospital stays, maternity and newborn care and certain preventive services that are provided at no out-of-pocket cost.” For those who aren’t aware, the Health Insurance Marketplace, otherwise known as the Health Insurance Exchange, is where people can find and purchase health care insurance. Healthcare.gov is the federally-facilitated Marketplace, but there are also state-based Marketplaces.
http://decorm.com/learn-about-new-health-insurance-marketplace-coverage-options-for-2015/

Monday, March 16, 2015

Social Security Disability Benefits: Reforms Might Stop Funding Crisis


The Social Security Disability program is one of the largest Federal programs that provide aid to people with disabilities. It pays benefits to the individual and certain members of the family if the individual has worked long enough, and has a medical condition that has hindered the ability to work; or if the condition is expected to last for at least a year, or results in death. As of now, conditions may be considered very fluid as far as SSDI benefits are concerned, and individuals seeking eligibility for Social Security Disability benefits have to pass through extensive scrutiny to qualify. Social Security services experts like DECO Recovery Management can help applicants through the process, screening every application and helping with the necessary paperwork and documentation to improve the chances for eligibility.
http://decorm.com/social-security-disability-benefits-reforms-might-stop-funding-crisis/

Saturday, March 14, 2015

Winds Of Change: What Is Revenue Cycle Management Due For This 2015?


Given the new federal mandate on coding regulations, 2015 is considered a big year for healthcare finance. At the same time, a lot of concerned parties stop to ask: What is revenue cycle management shaping out to be this year? One noteworthy shift is getting its uneasy share of attention: the move from the old ICD-9 to the new ICD-10. Despite the initial apprehension, numerous healthcare providers have stated their readiness to implement the new ICD-10 diagnostic and billing coding this coming October. The reason? They just can’t afford to fall behind; in the system, a small documentation error can have an extremely significant impact on an organization, and create issues from a revenue standpoint.
http://decorm.com/winds-of-change-what-is-revenue-cycle-management-due-for-this-2015/

Thursday, March 12, 2015

Making the Medicaid Cut



Medicaid is seen as a backstop for individuals or families who have inadequate support for healthcare. Health centers, however, need to determine who can take advantage of it and those who cannot; as such, the onus is on you to determine your eligibility for Medicaid. 

Prime Selection 

Medicaid program rules, in general, note that potential beneficiaries must have a monthly income between $2,000 and $3,000. The total value of their assets should be somewhere between $2,000 and $15,000; however, this value does not account for the house, personal items, or a car, among others. A couple applying for Medicaid must have a total asset value of no more than $101,540.

Thursday, March 5, 2015

Improving Revenue Cycle Management Amidst ICD-10

In October of this year, the healthcare industry is expected to head for another set of changes with the implementation of the ICD-10. Most providers, however, admitted to being insufficiently prepared for such changes, and had aired their concern on how ICD-10 can affect their revenue collection rates, claims processing, and coder productivity.

With today’s ever-changing developments aimed to provide patients a more holistic hospital experience, now is the perfect time to reflect on your current revenue cycle management and tweak and enhance the elements that need improvement.