Kurt Ullman is a long-time RN and has been a medical writer for nearly 30 years. He has published over 500 articles and has won multiple Apex and National Health Information Awards. He holds an associate degree in nursing from Purdue University as well as a bachelor's degree in public affairs-mass communications media and a master's in health administration, both from Indiana University.
Kurt Ullman
As payment moves to value-based models, many have hopes that telemedicine will play a role in delivering care at lower cost.
A long awaited clarification of the Modified Accelerated Cost Recovery System will impact the accounting on a wide range of routine expenses.
With an annual rate of 11,000 fatalities from falls in U.S. hospitals, falls are a persistent concern for healthcare facilities.
When a hospital system welcomes a new physician practice into the system, there are many concerns from staffing to office culture.
With an annual rate of 11,000 fatalities from falls in U.S. hospitals, falls are a persistent concern for healthcare facilities. They raise issues of care quality and are increasingly a financial issue.
For-profit healthcare entities that haven't incorporated the changes to the MACR into their planning may want to schedule a meeting with their tax advisor soon since there is still time to take advantage of the rule in 2014.
A number of changes have affected the success of subrogation in the healthcare insurance setting - changes that financial executives need to be aware of in order to both mitigate negative impact and maximize opportunities.
As payment moves to value-based models, telemedicine could become an important part of the hospital's financial future. One health system is already planning on the financial benefits by creating a standalone virtual medical center.
Although there are some indications of a possible lull, hospital systems are still buying up private physician practices at a high rate. With that come concerns about maintaining the revenue cycle during transition, but there are steps hospitals can take to smooth the process.
Putting technology in the hands of doctors that can provide real-time data can help cut costs, but such technology can be expensive for health systems. The question then becomes is it worth it economically?