In addition to so many other important and pressing issues, most practices will have to contend with reimbursement and payment issues as a result of such a dramatic changes in operations. Proper billing for screening and managing patients for COVID-19, and coverage for these services as well as telemedicine have been evolving daily. Practices that depend upon revenue from elective and preventive medical services may experience reduced cash flow as these services are postponed or cancelled.
Telehealth Reimbursement Resources
- MEDICARE TELEMEDICINE HEALTH CARE PROVIDER FACT SHEET
- CMS.gov Coronavirus Waivers & Flexibilities
- AMA: CMS payment policies & regulatory flexibilities during COVID-19 emergency
- ATA: CARES Act Summary (HR 748)
- Center for Connected Health Policy: Telehealth Coverage Policies in the time of COVID-19 to Date
- American College of Physicians: COVID-19 Telehealth Coding and Billing Practice Management Tips
- CPT® releases new coronavirus (COVID-19) code & description for testing
Business Operations Support
- MGMA COVID-19 Action Center
- AMA: Tips for keeping your practice in business during the COVID-19 pandemic
- DOL Families First Coronavirus Response Act: Questions and Answers
- US Small Business Administration: Coronavirus (COVID-19): Small Business Guidance & Loan Resources
- SBA Disaster assistance loan application site