Billing and Collections
Despite policies that try to drive prices down by giving consumers information, price transparency in healthcare does not work, the report says.
In response to what AHIP said was price gouging, the organization has called for policy changes to stop the practice from continuing.
The partnership will give Geisinger's 1.5 million customers and 13 hospitals a consolidated and personalized healthcare billing experience.
The drugs were wasted because of the purchase of single-dose vials of medication, study says.
The DOJ is seeking an amount equal to three times the amount of the $1.4 billion in damages as well as a civil penalty of $11,000 for each violation.
The company says it was able to do this because of lower-than-anticipated costs during the COVID-19 pandemic.
This policy will allow consumers to remain covered and receive care during the public health emergency.
Availity is working with providers to bill COVID-19 encounters, says CEO Russ Thomas.
With a precipitous drop in volume, some organizations are going back to basics from a revenue cycle standpoint.
Providers should seek ways to automate the process as much as possible to curtail the manual work involved.