Medical Billing In 2021 – Things To Expect

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Medical Billing in 2021 Things to Expect
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Introduction

• 2020 has been a challenging year for Global
  healthcare sector, which resulted in sweeping
  changes affecting healthcare and Medical billing
  outright.
• With these challenges and changes anticipated to
  carry over, Medical Billing in 2021 as predicted
  will see a lot of updates, advancements,
  revised medical billing and coding guidelines,
  compliances and regulation.
• Read further to educate yourself with the latest
  changes in Medical billing.

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Updates in Medical Coding for 2021 Major
overhaul of CPT codes in last 25 years.

• American Medical Associates (AMA) announced major
  updates in medical billing codes and guidelines
  for 2021. Release of an updated version of CPT
  (Current Procedural Terminology) codes includes
  modification of codes for outpatient evaluation
  and management (E/M) services as listed below

• Eliminating history and physical exam as elements
  for code selection.1
• Allowing physicians to choose the best patient
  care by permitting code level selection based on
  medical decision-making (MDM) or total time.1
• Promoting payer consistency with more detail
  added to CPT code descriptors and guidelines.1

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Updates in Medical Coding for 2021

• Further to the above E/M coding changes around
  329 CPT codes have been edited for 2021 code set
  inclusive of

• 206 new codes Important additions are in
  response to COVID- 19
• 54 deletions   CPT code sets are continuously
  modified to keep up with the fast-paced
  innovation in digital medicines
• 69 revision of existing codes to meet the
  current requirement
• Updated CPT codes for technological advances in
  Cardiac monitoring and detection

• Revision and addition of codes set for Retinal
  Imaging and screening diabetic retinopathy and
  increase early detection
• Descriptive codes for Artificial Intelligence
  (AI) and  technology augmented solutions
• Of the new codes introduced, the majority of
  codes are updated to cover the novel areas of
  medicine and almost 63 involves in new
  technological services in healthcare.

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Unchanged Guidelines

• While the revision of CPT codes is closely
  monitored for better reimbursement, it is of
  prime importance to know what remains the same.
• Guidelines for new and established patients
  remain intact
• Use of CPT code 99211 still remains unchanged.
• Requirement of clinical documentation by
  physicians
• CPT manual for shared/split services is similar
  to previous versions

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Tele-health and Telemedicine

• Tele-health and Tele-medicine emerged as the
  best solution during Novel COVID-19 Pandemic.
• It ultimately served as an alternative option
  for patient care by helping to maintain social
  distancing.
• Owing to growth in Telehealth and Tele-medicine,
  related industry-based digital tools and
  information technology are trending.
• Recent research concludes that majority of
  patients embrace Tele-health and digital
  interactions compared to regular medical
  services.
• As a result of the ongoing crisis and surge in
  the current requirement, Tele-health is expected
  to see about 80 of growth.

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About US

• Medical Billing Outsourcing

• About MGSI

• Medical Billing Outsourcing market is witnessing
  an increased growth due to the changes and twist
  involved due to the COVID-19 pandemic and majorly
  because of the complexity in keeping abreast of
  the recent CPT and ICD-10 coding guidelines,
  changes in medical billing rules and regulations,
  etc.
• Physicians and medical groups are considering
  Medical billing outsourcing to cope up with the
  industrial changes.

• MGSI is a 25 years old national Medical Billing
  Company serving more than 600 physicians across
  US. MGSI has trained and experienced medical
  billing and coding team handling complete revenue
  cycle management services to our clients.
• We also have the prerequisite to facilitate your
  medical billing and education your providers and
  team with all compliant and regulatory policies.
• To know more about the recent changes in Medical
  Billing and to outsource your RCM process contact
  MGSI

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THANK YOU!

• For Queries

• Phone

• 1-877-896-6474

• Email

• info_at_mgsionline.com

Website
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