Changes to reimbursement for 340B drugs reverberate in the 2023 final rule for Medicare outpatient payments
The Medicare payment rate for hospital outpatient services will increase significantly in 2023, but the net gain will be quite a bit less than is apparent at first glance.
When it comes to healthcare price transparency regulations, questions abound
A new era for healthcare price transparency has been underway for almost two years, but the potential impact remains murky. Price transparency requirements for hospitals were drafted by CMS during the Trump administration and went into effect Jan. 1, 2021. A companion rule for health plans was set to begin a year later, but the…
Revenue cycle staff shortages push leaders to adapt quickly
The pandemic-driven workforce shortage is leading to significant changes in revenue cycle management operations at many hospitals and health systems.
Cracking the Code on Physician Practice Performance
Premier discusses how it works with medical groups and health systems to better leverage business intelligence to identify and seize performance improvement opportunities.
Hospital Executives Say Charge Capture is Essential to Financial Success
Although charge capture is a critical method for ensuring hospitals are paid for the services they provide, revenue cycle teams may not be spending enough time evaluating their charge capture activities.
2019 Coding Highlights Focus on New Technologies
What are highlights of the ICD-10 FY19 changes?
Avoiding Costly Gaps Amid System Conversion
Experienced hospital executives know that amid the various pressures system conversions entail, attention should be paid to A/R strategies. In worst-case scenarios, careless legacy strategies can lead to costly A/R backlogs and related claims denials, all leading to disruptions in performance and worse—a hit on cash reserves.
Increasing Patient Financial Engagement with a Revenue Cycle Management Overhaul
Atrium Health saw a 52 percent increase in new patient-payment-plan accounts and flexible patient payment plan opt-ins after it reevaluated its entire financial strategy and restructured its financial flow, all in the middle of its RCM system installation.
Meadows Health Digital Initiative Improves Patient Communication and Reduces Errors
Meadows Health patient engagement technology has had a positive impact on the registration process, patient satisfaction, and revenue.
Case Study: Hand & Wrist Center of Houston
The Hand & Wrist Center of Houston is a surgical practice that is using effectively using a combination of technology and service to significantly improve its revenue cycle.