Revenue Cycle Management
Med Data Inc., a provider of medical billing services has acquired revenue cycle management and personalized patient communications company MedDirect, Inc.
The Department of Health and Human Services (HHS) announced today that a new Affordable Care Act rule requiring electronic funds transfers will reduce administrative costs for doctors and hospitals, private health plans, states and other government health plans by $4.5 billion over the next 10 years.
Healthcare real estate will continue to be a strong investment category in 2012 concludes an analysis by Jones Lang LaSalle, a financial and professional services firm specializing in real estate.
House Republicans voted yesterday to reject a Senate deal that would have extended the payroll tax break and unemployment benefits and provided physicians a reprieve on a 27.4 percent Medicare payment cut.
A new set of eight MAP keys was recently released by the HFMA, and when used correctly, aids hospitals, health systems and physician practices in tracking performance over time. Here are the eight new MAP keys for physician practice management.
A House bill passed Tuesday that included a "fix" to the ongoing sustainable growth rate problem is expected to meet its demise in the Senate. If the bill somehow survives, President Barack Obama has threatened to veto it. Where does that leave doctors? Facing the likelihood of a 27.4 percent pay cut.
A growing number of hospitals nationwide are hiring former drug and device sales representatives to visit doctors' offices to persuade them to use their services over competing facilities.
The December Health Sector Economic Indicators briefs released last week by Altarum Institute's Center for Sustainable Health Spending reports slowing growth for healthcare price, spending and employment in October 2011.
On Wednesday, corporate powerhouses GE and Microsoft announced they will launch a 50-50 joint venture in early 2012 that leverages the platform experience of Microsoft and GE's core healthcare competencies in clinical applications, with the goal of providing real time data to improve patient experience and clinical outcomes.
The biggest issues impacting doctors in 2011 are going to be dogging them into 2012 says the Physicians Foundation, a nonprofit organization that supports physicians.