decisionhealth Newsletters, Part B News - 2007 Issue 1 (January)
Global codes get slight boost as CMS corrects error
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Article Overview
This brief industry update covers a CMS payment correction affecting procedures with global periods and explains why certain fee schedule amounts were revised for 2007. It is relevant to coding, reimbursement, and physician practice staff who monitor annual payment updates, global surgery concepts, and AMA/CMS policy changes. The article gives a high-level explanation of the issue, the organizations involved, and an illustrative example of the payment change.
Why This Topic Matters
Even small payment corrections can affect reimbursement expectations, fee schedule review, and practice revenue planning. Readers who work with surgical coding and payment updates may want to know which global-period services were impacted and how CMS addressed the error.
What You Will Learn
- How a CMS correction affected payment for procedures with global periods in 2007
- Why global-period services were impacted by an update to work relative value units
- Which organizations were involved in identifying and correcting the payment issue
- How the article uses an example to illustrate the revised reimbursement impact
Who Should Read This
- Professional coders
- Billing staff
- Compliance staff
- Physician practice managers
- Reimbursement specialists
Codes Discussed
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