JW Modifier Requirements: Overview and Recommendations
In 2017, CMS implemented new reporting requirements for drug wastage and usage of the JW modifier. In addition to government regulatory changes such as the JW modifier requirements, drugs costs are rapidly increasing and new drugs are frequently coming to market. Hospital pharmacy informatics teams can mitigate compliance risk with monthly pharmacy data audits. However, efficiently auditing pharmacy data for potential issues can be a challenge due to disparate data sets (the formulary, chargemaster, and purchase history).
Join Craneware experts Kathy Schwartz and Craig Taylor on this complimentary educational webinar on how pharmacy and revenue integrity teams can both ensure compliance with the JW Modifier requirements, and partner to help ensure all claims and billing information are correct and compliant. To be covered on the webinar:
- An overview of the JW modifier requirements implemented on January 1st, 2017
- Recommendations and best practices for meeting the JW modifier requirements
- Strategies for discovering potential issues with dosage billing units (if you are using 1mg but billing for 100mg)
- Closing the loop between pharmacy spend, billing, and reimbursement
- Why working with your chargemaster team is essential to ensuring correct coding and billing for pharmaceuticals
Recommended for:
- Revenue cycle (CDM, Patient Financial Services, Revenue Integrity)
- Pharmacy Directors and Pharmacy Informaticists
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In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B participating hospitals by nearly 30%. Some organizations are excluded from the payment cut, but all hospitals participating in the 340B program will have new requirements to report an additional modifier on drugs acquired under the 340B program.
In this educational webinar, Bonnie Kirschenbaum and Craneware’s Kathy Schwartz will provide a detailed overview of the 2018 OPPS changes, steps hospital pharmacy, revenue cycle, and revenue integrity teams can take to ensure compliance with the new requirements, and recommendations on improving pharmacy revenue integrity at your organization to help offset this unprecedented payment cut.
After watching this educational webinar, attendees will have an understanding of
- The payment cuts and which hospitals and drugs will be affected
- New “JG” and “TB” modifiers and other requirements
- Steps hospital teams can take to ensure compliance
- Steps hospital teams can take to improve pharmacy charge capture and revenue integrity
Share the Love!
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => 340B OPPS Changes and Improving Pharmacy Revenue Integrity [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => 340b-opps-changes-and-improving-pharmacy-revenue-integrity [to_ping] => [pinged] => [post_modified] => 2018-06-22 10:50:17 [post_modified_gmt] => 2018-06-22 10:50:17 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=29362 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 29362 [post_author] => 2 [post_date] => 2018-01-03 20:31:56 [post_date_gmt] => 2018-01-03 20:31:56 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2018-01-340B-OPPS-Changes-and-Improving-Pharmacy-Revenue-Integrity.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/340B-pharmacy-revenue-integrity-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]
In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B participating hospitals by nearly 30%. Some organizations are excluded from the payment cut, but all hospitals participating in the 340B program will have new requirements to report an additional modifier on drugs acquired under the 340B program.
In this educational webinar, Bonnie Kirschenbaum and Craneware’s Kathy Schwartz will provide a detailed overview of the 2018 OPPS changes, steps hospital pharmacy, revenue cycle, and revenue integrity teams can take to ensure compliance with the new requirements, and recommendations on improving pharmacy revenue integrity at your organization to help offset this unprecedented payment cut.
After watching this educational webinar, attendees will have an understanding of
- The payment cuts and which hospitals and drugs will be affected
- New “JG” and “TB” modifiers and other requirements
- Steps hospital teams can take to ensure compliance
- Steps hospital teams can take to improve pharmacy charge capture and revenue integrity
Share the Love!
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340B OPPS Changes and Improving Pharmacy Revenue Integrity
In 2018, CMS reduced payment for some outpatient drugs used in OPPS settings, cutting reimbursement at many 340B participating hospitals by nearly 30%. Some organizations are excluded from the payment cut, but all hospitals participating in the...
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How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the purchase history, the pharmacy formulary and the chargemaster?
This webinar will cover:
- Pharmacy revenue cycle and revenue integrity challenges and how the one health system addressed them
- Pharmacy Cost-to-charge analytics
- The health system’s approach to correcting missing and incorrect multipliers, invalid HCPCS and other common revenue cycle issues
- Pharmacy revenue integrity best practices in Cerner Pharmnet
Share the Love!
[/et_pb_text][et_pb_image global_parent="25686" src="https://craneware.wpengine.com/wp-content/uploads/2018/03/twitter-share.png" url="https://twitter.com/home?status=" align="center" module_class="share-icon twitter" _builder_version="3.2.2" /][et_pb_image global_parent="25686" src="https://craneware.wpengine.com/wp-content/uploads/2018/06/linkedin_share.png" url="https://www.linkedin.com/shareArticle?mini=true&url=" align="center" module_class="share-icon linkedin" _builder_version="3.2.2" /][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built="1" fullwidth="off" specialty="off" _builder_version="3.0.106" background_color="#e6eaee" prev_background_color="#ffffff" next_background_color="#2d79c2" global_module="26920"][et_pb_row global_parent="26920" background_position="top_left" background_repeat="repeat" background_size="initial"][et_pb_column type="4_4"][et_pb_text global_parent="26920" _builder_version="3.0.90" background_layout="light"]
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How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the purchase history, the pharmacy formulary and the chargemaster?
This webinar will cover:
- Pharmacy revenue cycle and revenue integrity challenges and how the one health system addressed them
- Pharmacy Cost-to-charge analytics
- The health system’s approach to correcting missing and incorrect multipliers, invalid HCPCS and other common revenue cycle issues
- Pharmacy revenue integrity best practices in Cerner Pharmnet
Share the Love!
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Connecting Pharmacy Cost Management and Reimbursement in Cerner PharmNet
How can pharmacy and financial teams improve pharmacy reimbursement by fixing common data gaps between the purchase history, the pharmacy formulary and the chargemaster? This webinar will cover: Pharmacy revenue cycle and revenue integrity...
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[post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2017-09-Preventing-Medical-Necessity-and-Prior-Authorization-Denials.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/medical-necessity-denials-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]
Develop a better understanding of how to manage the ever-changing payor requirements for outpatient Medical Necessity and Prior Authorization. Revenue Cycle expert Becky Kinsella will discuss the importance of communication and physician education in the development of Medical Necessity and Prior Authorization protocols, and share medical necessity best practices.
This webcast is being produced with the IL AAHAM and HFMA of Greater St. Louis, but registration is open to all. After this webinar you will be able to:
Recommended for:
Healthcare provider participants from the financial, clinical, and operational areas who want to understand better how to utilize the CDM in achieving best outcomes.
- Identify opportunities to reduce outpatient Medical Necessity and Prior Authorization denials
- Better understand the importance of utilizing Medical Necessity tools to ensure revenue integrity
- Learn how to develop and implement a best practice approach to Medical Necessity
- Understand the importance of accurate diagnosis coding and documentation
- Develop an understanding of the differences between Medical Necessity, Prior Authorization and Clinical Criteria requirements
- Learn how these requirements interact with Compliance
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Preventing Medical Necessity and Prior Authorization Denials [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => preventing-medical-necessity-and-prior-authorization-denials [to_ping] => [pinged] => [post_modified] => 2018-06-22 10:55:29 [post_modified_gmt] => 2018-06-22 10:55:29 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=29352 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 29352 [post_author] => 2 [post_date] => 2017-09-21 20:10:32 [post_date_gmt] => 2017-09-21 20:10:32 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://craneware.wpengine.com/wp-content/uploads/2018/05/2017-09-Preventing-Medical-Necessity-and-Prior-Authorization-Denials.mp4" image_src="https://craneware.wpengine.com/wp-content/uploads/2018/06/medical-necessity-denials-webinar.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]
Develop a better understanding of how to manage the ever-changing payor requirements for outpatient Medical Necessity and Prior Authorization. Revenue Cycle expert Becky Kinsella will discuss the importance of communication and physician education in the development of Medical Necessity and Prior Authorization protocols, and share medical necessity best practices.
This webcast is being produced with the IL AAHAM and HFMA of Greater St. Louis, but registration is open to all. After this webinar you will be able to:
Recommended for:
Healthcare provider participants from the financial, clinical, and operational areas who want to understand better how to utilize the CDM in achieving best outcomes.
- Identify opportunities to reduce outpatient Medical Necessity and Prior Authorization denials
- Better understand the importance of utilizing Medical Necessity tools to ensure revenue integrity
- Learn how to develop and implement a best practice approach to Medical Necessity
- Understand the importance of accurate diagnosis coding and documentation
- Develop an understanding of the differences between Medical Necessity, Prior Authorization and Clinical Criteria requirements
- Learn how these requirements interact with Compliance
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Preventing Medical Necessity and Prior Authorization Denials
Develop a better understanding of how to manage the ever-changing payor requirements for outpatient Medical Necessity and Prior Authorization. Revenue Cycle expert Becky Kinsella will discuss the importance of communication and physician education...
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