Blog Posts by Tag: Medical Device - Remote Patient Monitoring
The Impact of COVID-19 on Remote Patient Monitoring, Medical Device, and IDTF Patient Engagement Tools
This blog post is part two of a three part series. View Part One. According to the “COVID 19 Telehealth Impact Study,” conducted by the COVID 19 Healthcare Coalition, 75% of physicians reported they would like to continue to offer digital services for chronic disease management post-COVID. These findings confirm that physicians see the value in providing digital and telehealth services as a part...
How COVID-19 Influenced Billing and Patient Access Tools for Telehealth, Remote Patient Monitoring, Medical Device, and IDTF
Recently, I had the pleasure of participating in a Fierce Healthcare webinar, “Billing and Patient Access Tools to Boost Digital Health Profits.” During the webinar, I addressed how COVID-19 changed billing and patient access tools for remote patient monitoring (RPM), medical device, and independent device testing facilities (IDTFs). My presentation covered three main topics: COVID impacts to...
How Real-Time Web Services Help IDTFs and Medical Device Grow Revenue Faster
Krista NadolskiSr. Director, Genetics and Novel Technologies, XIFIN Michael HeinTechnical Implementations Manager, XIFIN Diagnostic technology companies are known for innovation. The latest diagnostic and monitoring devices and applications collect more information than ever before, save time, and...
First Coast Publishes Rates for New External Electrocardiographic Recording Codes
In late 2020, CMS announced that it would be moving from the temporary Category III codes for long term ECG monitoring and will instead use Category I CPT codes, starting January of 2021. CMS did not add national rates for the codes but is instead looking to the MACs to price individually.There has been much attention on the initial Novitas proposed rates as they were a substantial reduction and...
How an Accurate Patient Out-of-Pocket Expense Estimator Helps Prevent Surprise Billing
There has been a lot written about surprise billing lately and the No Surprises Act, which includes surprise billing legislation, was signed into law the final week of 2020 and is slated to go into effect on Jan. 1, 2022. Surprise medical bills are unexpected balances the patient owes. This can occur for example when a patient receives care from a hospital that is in-network but is seen by a...
Effective Compliance Programs are Essential to Manage Risk While Driving Growth for IDTFs (Part 4 of 4)
In the final part of this four-part blog series, we focus on effective compliance programs for independent device testing facilities (IDTFs) revenue cycle management (RCM). If you missed the first three blog posts, you could find them here.Any review of the RCM process needs to include compliance considerations. Compliance requirements keep changing, and a misstep can result in lost revenues,...
Effective Billing Strategies to Drive Growth and Value While Decreasing Total Cost of Billing for IDTFs (Part 3 of 4)
Jessica SubletteDirector of Revenue Cycle, XIFIN Marissa GeracheSenior Customer Service & Account Manager of MDx, XIFIN As we explored in part 1 and part 2 of this 4-part series, some independent device testing facilities (IDFT) businesses fail to recognize just how important and complex the...
Effective Billing Strategies to Drive Growth and Value While Decreasing Total Cost of Billing for IDTFs (Part 2 of 4)
Jessica SubletteDirector of Revenue Cycle, XIFIN Marissa GeracheSenior Customer Service & Account Manager of MDx, XIFIN As we explored in part 1 of this 4-part series, many companies in the independent diagnostic testing facilities (IDFT) business fail to recognize just how important and...
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