4 proven strategies for optimizing revenue cycle performance
Hospitals revenue cycles can all too often experience denied claims and delayed payment due to outdated manual processes and workflow inefficiencies. Hospital revenue cycle leaders can address these problems with a sharper strategic focus on submitting clean claims, managing denials, applying analytics and outsourcing.
HFMA member is thankful for the Association’s impact on her life
Candi Powers, the chief revenue cycle officer at Mon Health System, describes how HFMA membership changed the trajectory of her life.
Healthcare News of Note: Telemedicine use for cancer care should be more equitable
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: There’s a need to address inequities in telemedicine use for cancer care, almost 25% of physicians report mistreatment, and most Medicare Advantage enrollees are satisfied with their plan.
What healthcare system leaders say about the value-based care journey
In this roundtable, executives for health plans and health systems share challenges in value-based care and the significance of moving away from fee-for-service toward value-based-care.
HFMA announces the 2022 MAP Award winners, recognizing excellence in the revenue cycle
Twenty-seven organizations received the 2022 MAP Award during the opening general session of HFMA’s Annual Conference.
Price transparency update: 6-figure fines have been handed down for hospital noncompliance
The federal price transparency requirements for hospitals entered a new phase this month, with CMS not only issuing the first fines for noncompliance but also publicizing those penalties.
Revenue Cycle Insights June 2022
Hospital pricing and surprise billing remain hot topics, with Senior Editor Nick Hut outlining some recent reports on the subject. And Jonathan Blum, of CMS, describes how the industry is reacting to the agency’s new regulations of price disclosure and surprise billing, in a podcast with Joe Fifer, CEO of HFMA.
Texas-based study raises questions about impact of using additional criteria in No Surprises Act arbitration cases
Study results indicate that ongoing litigation over the independent dispute resolution process established by the No Surprises Act may not have a major impact on outcomes.
Healthcare News of Note: InstaMed report says 87% of consumers were surprised by a medical bill in 2021
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Surprise medical bills were prevalent in 2021, long-haul COVID in the United States is in the news, and a report identifies America's most segregated hospital markets.
Healthcare News of Note: Oracle once again extends its tender offer to acquire Cerner, indicates further extensions are likely
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Oracle again has extended its tender offer to acquire Cerner, a new report quantifies the impact of the U.S. COVID-19 vaccination program, and healthcare is one of the top industries attracting former low-wage earners.