Revenue Cycle Management
The ICD-10 transition is a wonderful opportunity for collaboration. More accurately, collaboration is a necessity.
Thanks to the Affordable Care Act, vital sexual health services for men and women are now covered by insurance plans at no extra cost. The law also ends annual and lifetime dollar limits on such care.
Firearm assaults cost U.S. hospitals almost $630 million in 2010, according to recent research by the Urban Institute. The cost of an inpatient stay for a firearm assault injury was nearly $14,000 more than average.
A new healthcare environment where value is more important that volume requires a business model that incentivizes all providers on the care-delivery continuum to delivery higher value care.
Most hospitals do a solid job of managing patient receivables and associated bad debt expense, but even well performing organizations are quick to say there is always room for improvement.
Someone in your medical practice needs to take charge of the ICD-10 transition. Why can't that someone be you?
CMS has announced a follow-up Special Open Door Forum conference call on Sept. 26 on the "two midnights" benchmark. It's intended to allow hospitals and other providers to ask questions on the FY14 physician order and physician certification, inpatient hospital admission and medical review criteria in the IPPS/LTCH final rule.
Business pressures are forcing hospital CFOs to re-evaluate their revenue cycle management solutions.
Many health systems lag on strategies to take advantage of new open enrollment on health insurance exchanges that could help offset declining revenues from fewer admissions and more care moving outside of the hospital.
The federal government's PPI report indicated that prices across the range of healthcare industries were equivalent to those in July, although 1.1 percent higher than a year ago.