Billing and Collections

Analyzing pre-payment and point-of-service collections efforts

Important learnings from a June 2019 HFMA Annual Conference intercept survey about how hospitals and health systems are making strides in proactively collecting patient payments.

By HFMA August 15, 2021

The Provider Relief Fund portal is now open: Providers can successfully navigate the PRF reporting process with these tips

Best practices can help providers navigate the Provider Relief Fund reporting process and related audit requirements.

By Norman Mosrie August 10, 2021

Healthcare News of Note: National index shows denials are up 11% since the onset of COVID-19

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Denials are up since the onset of COVID-19, nonprofit hospitals’ community investing falls short, and pediatric clinicians use the EHR less than other clinicians.

By Deborah Filipek July 21, 2021

Healthcare providers face challenges implementing the latest Surprise Medical Billing Interim Final Rule

HFMA’s Shawn Stack reviews the key provider challenges introduced by the IFC interim final rule with comment period (IFC) that implements sections of the federal ban on surprise medical bills.

By Shawn Stack July 19, 2021

A closer look at the new surprise billing regulations: How cost sharing will be calculated

The qualifying payment amount that establishes a patient's cost sharing for out-of-network care also is intended to factor into negotiations between providers and health plans regarding payment.

By Nick Hut July 15, 2021

A closer look at the new surprise billing regulations: The impact on balance billing

New regulations on surprise billing will affect hospital billing processes starting in 2022.

By Nick Hut July 9, 2021

How to ensure a positive patient financial experience

Creating the ideal patient billing experience not only improves revenue cycle performance, but also boosts patient satisfaction and quality scores.

By HFMA July 7, 2021

Government agencies issue the first set of regulations restricting surprise billing

In a development that many healthcare stakeholders have awaited for months, four federal agencies on Thursday, July 1 released new regulations prohibiting surprise billing in many scenarios.

By Nick Hut July 2, 2021

HHS extends Provider Relief Fund use and reporting as healthcare providers continue to navigate COVID-19 impacts

The U.S. Department of Health and Human Services recently announced updates to the Provider Relief Fund, including staggering provider deadlines to spend funds.

By Shawn Stack June 15, 2021

HHS sends letter to providers, insurers reinforcing requirements for COVID-19 vaccination and testing to be free for all recipients

Xavier Becerra, secretary of HHS, issued a letter emphasizing that out-of-pocket fees for COVID-19-related services are prohibited.

By Nick Hut June 13, 2021
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