Oak Park, IL-Cunningham Group has launched a new insurance plan thatoffers complete protection to medical practices, hospitals, clinics, andother health care providers that bill Medicare and Medicaid. The new plan,called MediKey, takes the guesswork out of coding and protects medical earningswith special low-cost billing errors and omissions (E&O) insurance availableto those who enroll in the compliance plan. This combined approach enablesproviders to qualify for the E&O insurance at a favorable rate, thecompany says.
Potential code for prior authorizations on AMA CPT Editorial Panel meeting agenda
March 28th 2024"Good public and economic policy must align costs, benefits, and incentives; currently, all costs are incurred by physician practices, and all financial savings and benefits from prior authorization accrue to health insurance plans, leading to perverse incentives,” says Alex Shteynshlyuger, MD.