HFMA
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HFMA
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The vital relationship between MDs and clinical documentation integrity
High-quality clinical documentation is vital for creating a complete picture of a patient’s health and medical history. Accurate records of diagnoses, medications, tests, treatments and other elements of a patient’s care are crucial in creating the most effective care plan leading to positive outcomes. The quality of a physician’s clinical documentation can also impact payer…
Personalized communication helps State provide the highest possible recovery and patient-satisfaction rates for clients
Learn about a company that combines advanced technology with human interaction to increase recoveries and patient satisfaction.
Reviewing the Current Expected Credit Losses (CECL) In Healthcare
As a response to recent financial crises that occurred in the U.S., the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13 – Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Subtopic 326-20 of the ASU sets forth the Current Expected Credit Loss (CECL) model that…
Bridging the gap: Integrating value-based care into revenue cycle management
The idea of value-based care (VBC) has existed for decades but only gained momentum since the 2017 implementation of the Merit-based Incentive Payment System (MIPS) and the Quality Payment Program (QPP). VBC incentivizes providers for quality outcomes, unlike fee-for-service models that reimburse providers for each service performed. The ultimate goal of VBC is to improve…
Navigating toward successful contract negotiations with health plans
A group of healthcare leaders discuss various tactics they are using to negotiate better rates with payers and ensure payers’ commitment to accurate, timely payment.
FY 2025 Inpatient Psychiatric Facilities PPS Proposed Rule Summary
HFMA presents a detailed summary of the FY 2025 Inpatient Psychiatric Facilities Prospective Payment System proposed rule, published in the April 3, 2024.
FY 2025 Inpatient Rehabilitation Facility PPS Proposed Rule Summary
HFMA presents a detailed summary of the proposed rule published by CMS on the Medicare inpatient rehabilitation facility prospective payment system updates for FY 2025.
FY 2025 IPPS/LTCH PPS Proposed Rule Summary
HFMA presents a detailed summary of the FY 2025 IPPS/LTCH prospective payment system proposed rule, released by CMS on April 10, 2024.
FY 2025 Hospice Payment Rate Update Proposed Rule Summary
HFMA provides a detailed summary of the proposed rule updating the Medicare hospice payment rates, wage index and Hospital Quality Reporting Program for FY 2025.
Navigate the new norms in telehealth billing and coding practices
While telehealth has been around for decades, its adoption soared during the COVID-19 pandemic. According to the American Medical Association, telehealth use grew 70% in 2020. While the use of telehealth since then has leveled off, it remains a valuable and popular care option. More than half of patients surveyed said they prefer telehealth for…