What’s New in Medical Coding for 2024?

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Whats New in Medical Coding for 2024?
The medical billing landscape is set for
substantial changes in 2024 with the release of
the updated Current Procedural Terminology (CPT)
codes by the American Medical Association (AMA).
These updates are pivotal for medical
professionals to grasp, as they include 230 new
codes, alongside 49 deletions and 70 revisions.
This evolution in CPT codes demonstrates an
ongoing commitment to reflecting the latest
medical advancements and streamlining the billing
processes. Read detailed blog
https//infohubconsultancy.com/blog/whats-new-in-m
edical-coding-for-2024/
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Whats New in Medical Coding for 2024?
Critical Updates in Evaluation and Management
(E/M) Coding The E/M section, often a
cornerstone of medical practice billing, sees
significant refinements Revision of Time-Based
Billing The 2024 CPT guidelines have clarified
that the mid-point rule no longer applies,
simplifying time-based E/M billing. The codes for
office and outpatient visits (99202-99205,
99212-99215) now require a single total time to
be met or exceeded, streamlining the process by
setting a clear threshold for billing. Modificati
ons to Split or Shared Visits Updates to split
or shared visit billing now specify that CMS will
compensate the provider who delivers the
substantive portion of the visit, whether this is
quantified through time spent or the depth of
medical decision-making involved. This aims to
better recognize the contributions of each
provider in a shared setting.
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Whats New in Medical Coding for 2024?
Additionally, several operational adjustments
include Nursing Facility Visit Time
Adjustments Specific codes for nursing facility
visits (99306, 99308) have increased time
requirements, potentially affecting how services
are planned and billed. Introduction of a New
Add-on Code A new code (99459) for pelvic
examinations reflects a nuanced approach,
focusing on reimbursing practical expenses
associated with such services.
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Whats New in Medical Coding for 2024?
Significant Changes in Surgical Coding The
Surgery section introduces changes aimed at
accommodating new procedures and ensuring precise
billing Vertebral Body Tethering New codes
(22836-22838) have been established for this
innovative procedure, with additional guidance on
using modifier 62 when procedures are performed
collaboratively by two surgeons. Endoscopic
Destruction of Posterior Nasal Nerve (PNN) The
introduction of codes 31242 and 31243 facilitates
the billing of bilateral and unilateral PNN
procedures, enhancing the specificity of
endoscopic sinus surgery reporting.
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Whats New in Medical Coding for 2024?
Radiology and Pathology Expanding Diagnostic
Frontiers Updates in these sections reflect
advancements in diagnostic technologies Radiolog
y Enhancements The new code 75580 for estimating
coronary fractional flow reserve via CT
angiography marks a leap in non-invasive cardiac
assessments. Pathology and Laboratory
Adjustments The introduction of a new series of
codes (81457-81459 and 81462-81464) among others,
supports the expanded use of molecular pathology
and complex analyses, mirroring the sectors
growth in precision medicine.
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Whats New in Medical Coding for 2024?
Updates in Medicine and Category III Codes These
sections also see extensive updates to keep pace
with new medical practices and technologies Medi
cine Section Enhancements Adjustments in this
section, including new codes for COVID-19 vaccine
administration and reporting venography in
congenital heart disease, underscore ongoing
public health initiatives and advancements in
medical procedures. Emerging Technologies in
Category III New codes such as 0784T and 0786T
for neurostimulator electrode arrays, and 0820T
to 0822T for monitoring psychedelic medication
therapies, illustrate the rapid development of
medical technology and its integration into
clinical practice.
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Whats New in Medical Coding for 2024?
Preparing for Change These updates necessitate a
thorough understanding and swift adaptation by
healthcare providers. Efficient implementation
can prevent disruptions in billing and ensure
that services are reimbursed correctly,
reflecting both the care provided and the
administrative requirements of modern medical
practice.
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Whats New in Medical Coding for 2024?
Conclusion Streamline Your Medical Billing with
ICS As we navigate these comprehensive changes
to the CPT codes for 2024, the importance of
having an expert to streamline your medical
billing processes cannot be overstated. Info Hub
Consultancy Services (ICS), a premier outsource
medical billing and coding services provider
based in India, is ideally positioned to support
your practice through these transitions. With
extensive experience in handling complex billing
requirements across a broad spectrum of medical
specialties, ICS ensures that your practice not
only remains compliant but also optimizes its
revenue cycle effectively.
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Whats New in Medical Coding for 2024?
Partnering with ICS means gaining access to a
team of dedicated professionals who are
well-versed in the latest updates and equipped
with state-of-the-art technology to handle all
aspects of medical billing and coding. By
outsourcing your billing needs to ICS, you can
focus more on patient care, secure in the
knowledge that your billing operations are in
expert hands. Let us help you navigate the
complexities of the new CPT updates with ease and
efficiency, ensuring that your practice thrives
in this ever-evolving healthcare landscape.
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We at Info Hub Consultancy Services (ICS), a
leading medical billing company in India offer
medical billing solutions to healthcare
organizations, physicians, medical institutions,
and groups. Our revenue management cycle helps
in reducing operational expenses and increasing
the overall revenue. Info Hub Consultancy
Services (ICS) was founded in 2010 and is now
one of the leading service providers of highly
motivated, certified coders, and billers in the
US medical billing industry.
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Info Hub Consultancy (ICS) Services Pvt. Ltd. Sf
No 558/2, Udayampalyam Rd, Nava India,
Coimbatore, Tamil Nadu 641028 Tel 1 (888)
694-8634 Email - inquiry_at_infohubconsultancy.com
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