Uploaded on Jan 16, 2023
To know about what are the several Oncology Medical Billing changes that took place in the year of 2023 Go through this blog Reach out to Medisys Data Solutions Medical Billing and coding experts Call Now at +1 888-720-8884 (Toll-Free ) / [email protected]
Oncology Billing Changes In 2023
Oncol
ogy
Billing
Chang
es In
2023
INTRODUCTION
❏ The promptness of your billing, account
follow-ups, and reimbursements have a
significant impact on your oncology
practice’s financial performance. Being in
compliance with all cancer billing regulations
is essential to ensuring your facility’s
profitability. However, given how frequently
oncology medical billing regulations change,
it might not always be simple to remain
compliant.
❏ Let’s glance through several
Oncology Medical Billing changes that took
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1. Payments for radiation oncology and
hematology/oncology are being reduced
Oncology Billing
Changes In 2023
● Due to changes in RVU, payments to doctors who specialize
in radiation oncology and hematology/oncology are
anticipated to fall by 1% in 2023. The impact on
hematology/oncology can be attributed to changes in
practice expense (PE) RVUs, whereas the impact on radiation
oncology can be ascribed to changes in work RVUs. The
simultaneous termination of the interim 3% payment rise
that #physicians received in 2022 to assist lessen the
effects of the epidemic may have an even greater effect on
#oncologists.
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2. CMS finalized new MIPS quality measures for
cancer
● For the CY 2023 perOfonrmcaoncloe pgeyri oBd/i2l0l2in5 gMI PS payment year, the
CMS included new cCanhcaern-reglaetesd IMnIP S2 q0u2al3ity metrics. One of the
new measures tracks the number of patients with colorectal,
endometrial, gastroesophageal, and small bowel carcinoma who
have undergone testing for mismatch repair or microsatellite
instability. Another measure keeps track of whether patients taking
checkpoint inhibitors have been given medication for colitis or
diarrhea.
● The agency also increased the number of measures for the
Oncology/Hematology Specialty Set and the Radiation #Oncology
Specialty Set, including adult immunization status, use of high-risk
medications in older adults, CAHPS for MIPS clinician/group survey,
and screening for depression and follow-up plans.
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3. The 340B payment rate is rising to ASP +6% per
2023 OPPS/ASC
● Despite CMS’s initiaOl pnrocposlaol gtoy k eBepi ltlhien 3g4 0B-acquired medicine
payment rate at ASCP -h22a.n5%g feors C IYn 2 02230, 2th3e agency increased the
rate to ASP +6% in the final rule. This announcement follows the
Supreme Court’s recent ruling to reject the CMS-implemented 340B
#payment cut to ASP-22.5% in American Hospital Association v.
Becerra. The Supreme Court ruled that because CMS did not poll
hospitals to ascertain their typical medication acquisition prices,
the payment cut was unlawful.
● For hospitals taking part in the 340B program, this means an
increase in revenue from cancer and other medicine
#reimbursement of around $2 billion. CMS had to lower the
payment rates for non-drug services by 3.09%, which will have an
impact on both 340B and non-340B hospitals, in order to maintain
budget neutrality.
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4. The ASC Covered Procedures List is being updated
to include lymph node biopsy or excision and modified
radOicnalc molaosgteyc tBoimllyin (gC PL)
Changes In 2023
● Through its examination of the procedures, discussions with
interested parties, and consultations with clinical advisers, CMS
came to the conclusion that axillary lymph nodes and biopsy or
excision of the lymph node(s) can both be safely carried out in
the ASC setting.
● After receiving feedback from commentators, CMS changed its
initial proposal to include only lymph node biopsy or excision on
the CPL and added modified radical mastectomy in the final
regulation. These treatments can be performed in an ASC
setting thanks to the addition to the CPL, but they are not
required to.
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5. The reporting period for the new Breast Cancer
Screening RecallO Rnacteosl oOgQyR B mileliansgu re (OP-39) begins
Chaning CeYs 2In0 223023
● The #Hospital Outpatient Quality Reporting (OQR) Program’s new
Breast #Cancer Screening Recall Rates OQR measure (OP-39),
which was finalized last year, will begin to collect data in CY 2023
for a three-year reporting period.
● Since this is a claims-based metric, providers are not required to
submit any specific information. The percentage of screening
mammography and digital breast tomosynthesis (DBT) studies that
are followed by a diagnostic mammography, #diagnostic DBT,
breast ultrasound, or breast #MRI study conducted in an outpatient
or office setting on the same day or within 45 days is what is used
to calculate it at the facility level.
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6. CMS is introducing a brand-new MIPS Value Pathway
(MVP) for oncology dubbed Advancing Cancer Care
Oncology Billing
● The optional AdvanCcinhga Cnangceer sC aIren M 2VP0 i2s d3esigned for oncology and
#hematology practitioners and focuses on providing core cancer care
management and treatment. It includes two Qualified Clinical Data
Registry indicators that are focused on patient experience, end-of-life
care, and appropriate #diagnosis and treatment, along with ten cancer-
specific quality measures. A Total Per Capita Cost metric and 13
improvement initiatives are also included.
● The standards of CMS’s new Enhancing #Oncology Model (EOM),
including as guideline-concordant therapy, 24/7 availability to doctors,
and advanced care planning, overlap some with the improvement
initiatives of the Advancing Cancer Care MVP. Since we are aware that
the EOM quality measures will concentrate on patient experience, end-
of-life care management, and other related areas, it is also possible
that there will be overlap between the quality measures for the two
programs.
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● It is assumed thaFt ibnilliangl is effectively handled internally in oncology. However, the truth is that many #oncology practices
are unable to simRueltaflneoucstlyi opronvside high-quality care and
manage the intricate and time-consuming billing procedure.
● Your Medical practice would be better off outsourcing this
specific task. By
Outsourcing Oncology Medical billing and coding, your clinic
may free up time from non-essential tasks and devote it to
keeping up with the rules and requirements for cancer billing,
which are constantly changing. Even better, you can increase
your bottom line by maintaining strict follow-ups on #claims.
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● Many clinics have outsourced their medical billing and coding to
third party specialists in response to the growing laws and
regulations and inC aon enffocrtl tuo reduce labor costs.
● Many people find thats ouitosonurc ing the management of their
medical bills is an efficient method to boost revenue and
reclaim control. Pick the ideal medical billing industry and watch
your revenue management cycle tap profits.
● If you’re looking for the ideal partner, Medisys Data Solution,
the
leading Medical Billing Outsourcing Services Provider In the US,
is merely one click away! What is stopping you from choosing
the Medical Billing Services Outsourcing company? We bet
nothing!
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Why choose Medisys Data
●SHoiglhuly tqiuoalinfiesd pfroofres sMionealds wicitha elx tBenislivlei ng
knowledge of medical and DME billing
● Easy and hassleS-ferere vonibcoearsdi?ng for new
customers
● Excellent control over pending, and rejected
claims and receivables
● Communication that is smooth and open at every
stage of the medical billing
● Devoted, knowledgeable, and certified
medical billing and coding team for your DME
facility with top-notch claim management system
● Your questions and clarifications will be answered
immediately and in real-time
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About Us
Medisys Data Solutions is a leading
medical billing company providing
complete assistance in medical billing and
coding. We can assist you in receiving
accurate insurance reimbursement from
private and government payers. With our
services like benefits verification and
credentialing & enrollment, you can add
more providers in your practice. To know
more about our specialty specific medical
billing and coding services, contact us at
[email protected]/ +1 888-720-8884 .
GET IN TOUCH
+1 888-720-8884
Address:
Medisys Data Solutions Inc.
8 The Green STE A, Dover, Delaware 19901,USA
Email: [email protected]
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Do you have any questions?
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+1 888-720-8884
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