Practice Management

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Managing a busy practice is no simple task – whether you are a solo physician, part of a large group practice or in an employed setting. CMS is here to help. We’ve assembled a set of resources to provide you with information you might need on a variety of topics to help you make you get the most from you practice.

AAFP: Closing or selling a practice

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Access AAFP’s Closing Your Practice checklist to guide you through the closing process and a sample patient notification letter.

AMA Claims Workflow Assistant

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This free online tool from the AMA helps your practice secure accurate payment from health insurers for inappropriately denied claims, including those for workers’ compensation. Your practice can look up the reasons health insurers reported for denying claims on the electronic remittance advices (ERAs) your practice receives. After look-up, you can determine the best steps for your practice to address claim denials or non-payments. The tool also provides template appeal letters that AMA members can modify to use in their practices.

AMA Managed Care Contracting Webinar Series

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To help physicians meet the challenges of contracting activities in an environment where payment and delivery models are rapidly changing, the American Medical Association presents a webinar series on all aspects of managed care contracting—from contracting strategies, to billing and payment, to making the most of administrative automation. View the archived webinars and access related issue briefs through this link.

Colorado ICD-10 Training Coalition webpage

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This site was created to help physicians navigate requirements of the ICD-10 code sets. ICD-10 includes nearly 55,000 more codes than the previous version, which will require changes to how health care information is collected, documented and used, both internal to your practice and external. We recognize that each physician’s office is different and will need a tailored plan for your needs. Use the navigation boxes to go step-by-step through the process and forge your pathway through the ICD-10 maze.

Coordination of Benefits (COB) - Tips for Reducing Payment Delays

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