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By Priscilla Holland | 12:26 pm | May 21, 2015
Organizations of all sizes can achieve cost savings and benefits from converting their claims reimbursements payments from paper checks to the healthcare EFT standard transaction. Here are some examples of those who did it.
By Priscilla Holland | 12:21 pm | December 30, 2014
If electronic funds transfer via ACH saves healthcare organizations' money and allows staff to focus on secondary billing and improve cash flow, why haven't more providers moved from check payments to EFT via ACH?
By Carl Natale | 11:24 am | May 20, 2014
On Oct. 1, 2013, I marked the 12-month countdown to ICD-10 implementation by attempting to answer some basic questions. Now that more than six months have passed, and we have another deadline delay, many healthcare providers still can't get satisfactory answers.
By Carl Natale | 04:22 pm | September 16, 2013
A basic change coming to diagnosis coding is that ICD-10 codes will be made of numerals and letters. Which means healthcare documentation and billing software will need a total rewrite.
By Mary Mosquera | 03:22 pm | July 30, 2013
Since providers must be able to pay rent and staff salaries if the transition to ICD-10 does not flow smoothly, experts advise having up to several months' cash reserves or access to cash to avoid potential headaches.
By Carl Natale | 04:13 pm | July 02, 2013
There is a fair amount of concern among hospitals about how much revenue will be lost if DRGs shift the wrong way.
By Rodney J. Moore | 10:43 am | March 01, 2013
Although new HIPAA electronic transaction standards have been put on the backburner, the Centers for Medicare & Medicaid Services (CMS) has begun the process of mapping out how those new standards will function.
By Healthcare Finance Staff | 12:03 pm | January 04, 2013
Now that Obamacare is likely here to stay, it's time to get serious about reforming key elements of our healthcare system. One area that deserves attention is the simplification of administrative processes that weigh on every transaction in healthcare. While it is not a new concept, it is one that is ready for prime time.
By Steff Deschenes | 12:39 pm | July 31, 2012
It can be difficult to navigate through all the information Twitter puts out every second of every day. With such big changes happening constantly in the healthcare world -- especially with the impending ICD-10 transition -- it's important to be able to find pertinent information in a timely fashion. To help you be able to do that, we've cobbled together a list of some of the best ICD-10 tweeters currently out there.
By Chris Anderson | 11:24 am | May 29, 2012
Letters sent last Friday to House Ways and Means Committee chairs Dave Camp (R-Mich.) and Wally Herger (R-Calif.) from the American Medical Association (AMA) and Medical Group Management Association (MGMA) suggest a number of different payment approaches aimed at a long-term solution to the current Medicare sustainable growth rate (SGR).