Healthcare Finance Staff
The Centers for Medicare & Medicaid Services (CMS) has selected defense contractor Northrop Grumman to develop and implement a fraud prevention system to help identify high-risk claims in support of the National Fraud Prevention Program.
Payers are on track for the implementation of ICD-10 and do not anticipate problems with processing payments – at least according to Ian Bonnet, vice president leading the ICD-10 rollout at health insurer Wellpoint.
The Robert Wood Johnson Foundation (RWJF) has launched a new online consumer directory of physicians and hospitals.
Highmark and the West Penn Allegheny Health System have reached a provisional agreement that would see the health plan acquire the struggling hospital operator for $475 million.
Metropolitan Health Networks will acquire Continucare for $416 million in cash and stock, in a deal that will create a combined entity providing care to more than 68,000 Medicare Advantage and Medicaid customers in 18 Florida counties.
With health systems scrambling to meet the October 1, 2013, ICD-10 implementation deadline, 3M Health Information Systems aims to help with staff training with its 3M ICD-10 Education Program.
At a Monday session of the National Health IT and Delivery System Transformation Summit in Washington, Farzad Mostashari, MD, the national coordinator for health IT, made an eloquent and persuasive case for how meaningful use is not just an arbitrary set of requirements the government is asking of providers in exchange for incentives.
Medical-surgical supply costs have become the second highest and fastest-growing operating expense for providers. In an effort to help curb spending, healthcare technology company GHX released a list at the HFMA-ANI conference in Orlando that aims to give providers greater control in this area.
Rising healthcare costs, coupled with the current state of the economy, are prompting consumers to delay care, alter household spending and worry about their ability to pay for future healthcare costs, according to the Deloitte Center for Health Solutions.
The worldwide wound care market reached revenues of $14.9 billion, up nearly 6.2 percent in 2010, and can expect to grow nearly 7 percent this year, according to healthcare market research publisher Kalorama Information.