Healthcare News January 13, 2012

  • US health officials celebrate polio victory in India as funding cuts loom

    Federal health officials celebrated a major public health victory over polio on Thursday just as the taxpayer funding that made it possible is drying up.

    India, long the epicenter of the incurable crippling disease, will mark its first full year without a new case on Friday, The Washington Post reports. Officials with the Centers for Disease Control and Prevention say U.S. funding and experience were key to beating back the disease.

    “Since 1999, CDC has provided more than $113 million to India … for technical, programmatic and laboratory support and purchase of oral polio vaccine,” the CDC’s director for global health, Kevin De Cock, told The Hill in an email. “All of this work is visible evidence of the US government’s commitment to completing polio eradication.”

    The news comes as federal funding for global health programs now faces sharp cuts from Tea Party lawmakers and others worried about the deficit.

  • Medical Billing Company Website is a Big Success

    Capture Billing receives over 17,000 page views per month in the first month after launch of Medical Billing Company website

    Loudoun County, VA – Capture Billing & Consulting, Inc., a Medical Billing Company located in South Riding, Virginia, is pleased to announce the success of its new website located at http://www.CaptureBilling.com . In its first few months of going live the website which is focused on Medical Billing received over 17,000 page views per month, up from 200 only a year ago.

    Medical Billing Company WebsiteCapture Billing provides outsourced Medical Billing Services to small and large medical practices. Its new website outlines and describes all the services that Capture performs. Capture’s website goes beyond your typical medical billing website, which is one reason it has received so much attention and has built a large following.

    One of the main features of the website is the Medical Billing and Coding Blog. Online searchers can find tips on medical billing and coding that include how to bill for flu shots, how to use Medicare modifiers, and other basic information about coding. The website also lists and reviews the steps involved in the process of submitting claims to insurance companies. In addition to our informational videos, Capture also provides a Sample Medical Billing Report that physicians and their medical practices need to run a financially successful business.

    “We’ve come across many practices that do not supply monthly reporting to their clients, however we do. We have a sample report package available for download so that physicians can see what monthly reports they should be receiving from their medical billing companies or in-house billing staff. These reports inform physicians and medical managers about overall practice management, practice performance and coding, as well as insurance reimbursements and aging of accounts”, says Manny Oliverez CEO, and Co-Founder of Capture Billing. “The reports are an essential tool to help physicians keep their finger on the pulse of the practice to ensure profitability.”

    Another popular feature is the Medical Billing Videos section. Each video comes with a searchable transcript and covers topics such as tips on Charging Patients No-show Fees and Coding for Medicare. The most popular video is the “High-Tech Act: Electronic Health Records and Meaningful Use” video which has been view thousands of times. All the videos as well as Podcasts are available by subscribing to iTunes or to the Capture Billing’s YouTube channel.

    Capture is consistently updating their website with the newest medical billing and medical coding information available. They also add new features periodically; one update coming soon is a new report that covers Billing a Well Exam to Medicare.

    ABOUT CAPTURE BILLING

    Capture Billing and Consulting, Inc., a leader in the outsourced medical billing services industry, offers one of the most cost effective outsourcing solutions to healthcare professionals available. By eliminating the need of an in-house medical billing staff, Capture Billing’s staff of expert medical billers and certified professional coders help to increase physician reimbursement by improving collection rates and ensuring proper ICD-9 and CPT coding. Practicing physician and CEO, Dr. John D. Farrell, Jr., formed Capture Billing in 2004 as the answer to one of the largest concerns physicians face today, how to receive proper insurance reimbursement for services they provided.

    CONTACT INFORMATION

    Capture Billing & Consulting Inc.
    25055 Riding Plaza, Suite 160
    South Riding, VA 20152
    (703) 327-1800
    Contact: Manny Oliverez

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  • Study: Premiums could rise 25 percent without insurance mandate

    Insurance premiums would rise by as much as 25 percent if the healthcare law is implemented without an individual mandate, according to a new analysis from the Robert Wood Johnson Foundation.

    The Supreme Court will decide this summer whether the coverage mandate is constitutional, and how much — if any — of the health law’s other provisions can remain intact if the coverage requirement falls.

    Without the mandate, according to the Robert Wood Johnson analysis, costs would rise and fewer people would be insured.

    The healthcare law establishes state-based exchanges for individuals and small businesses to buy coverage. In states where participation in the exchange is high, the loss of the mandate would raise premiums by about 10 percent, according to Thursday’s analysis. Individual policies would get about 20 to 25 percent more expensive in states where fewer people use the exchange.

  • House panel announces user fee hearings

    House Republicans on Thursday announced a slew of hearings on health industry fees aimed at speeding up federal regulators’ review of new medicines before they can go to market.

    The Energy and Commerce health subcommittee will kick things off on Feb. 1 with a hearing on the Prescription Drug User Fee Act, which expires Sept. 30. Food and Drug Administration Commissioner Margaret Hamburg is scheduled to testify at the hearing.

    On Feb. 7 the panel has scheduled a hearing on a new proposed user fee on generic drugs and biosimilars, which aims to bring in more funds to help alleviate the FDA’s backlog of generic drug applications. Janet Woodcock, director of the FDA Center for Drug Evaluation and Research, is scheduled to testify at the hearing.

    And on Feb. 15, the subcommittee has scheduled a hearing on the reauthorization of the Medical Device User Fee Act, which also expires Sept. 30. FDA Center for Devices and Radiological Health Director Jeffrey Shuren is due to testify at the hearing.

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